dave_b replied to the topic GST on sale of substantially renovated or rebuilt property in the forum Help Needed! 17 years, 4 months ago
Thanks for your input as well, Richard. I'm going to talk to a knowledgeable accountant to find out more about this grey area, so that we can work our strategy within the rules to avoid the GST issueRegardsDavid.
dave_b replied to the topic GST on sale of substantially renovated or rebuilt property in the forum Help Needed! 17 years, 4 months ago
Thanks for your reply JeffI certainly will seek the advice of an accountant on this topic, now that you've confirmed that there certainly is an issue here to be resolved. I just wonder how many other people buying then substantially renovating a property with the view to then selling it (as distinct from a minor refurbishment) are aware of this…[Read more]