I'm thinking of buying my first house, and renting it out while living at home as an investment. Can I use my KiwiSaver?
Question
I'm thinking of buying my first house, and renting it out while living at home as an investment. Can I use my KiwiSaver?
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Solution 1
Yes, you can use your KiwiSaver to buy your first home. However, there are certain conditions you need to meet:
- You must have been a KiwiSaver member for at least three years.
- You must intend to live in the property. It cannot be used for an investment property, so if you plan to rent it out, Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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