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Yep really going ahead in that area.
Rothwell, Mango Hill also worth alook.
Gazza check your PM’s
Thanks for the replies.
So if I buy a block of land build a duplex, and then sell both. The whole profit is added to my salary income and taxed at that rate(47 cents in the dollar).
And for it tobe a capital asset I have to hold it for 12 months after completion.
Is that correct?
If so, whats the best way to avoid paying the top tax rate.