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Say, I am an Australian resident and due to a work agreement I went overseas for a period of 2 years and rented my house
Say, I am an Australian resident and due to a work agreement I went overseas for a period of 2 years and rented my house in Australia for 2 years. While I was overseas I leased a house on the overseas country which made me a non redisent for tax in Australia. My question is, what tax liability would I have for the house im renting in Australia (Which is still my house and I am planning to go back in 2 years time)?
Please if you can, answer in detailed terms, Im finding this question quiet difficult to understand.
Thank you
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