Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of sinkerssinkers
    Participant
    @sinkers
    Join Date: 2010
    Post Count: 1
    February 7, 2010 - 1:59 am

    Hi all
    we own our own home outright( no finance/ yea) in Camberwell Vic and want to develop two townhouses on the block,We are at the stage of designing the townhouses and are concerned about the TAX implications on the development.At what stage do we loose our tax free status on the land, after we have demolished the existing house that we live in or when we subdivide the block into 2.How is the development taxed after we sell one of the property’s / we will live in the other for 12 months.
    thanks Sinkers

Viewing 1 post (of 1 total)