Thanks for that but the feasibility when operating under a company entity registered for GST makes it much more feasible tax wise than doing it in your personal name. I realise that I could do a joint venture with myself and my company but the profitability would considerably reduced as I would be taxed at the highest tax bracket of 47% as…[Read more]

Hi v8ghia Thank you for your reply. I realise that some of the exit fees are not to serious but the problem is not so much the exit fees its that they will not do the loan to my company, as it is pretty obvious that its a development company when they look at financials so they are shying away. I have even added guarantors with PAYG earnings to…[Read more]

Hi Richard I think I better clarify. I am not turning down the option to use a commercial product and pay the extra interest or fees,  so sorry if that's what it sounded like in my post that's just the cost of doing business and I am fine with that. The issue is that the lenders are not offering it to me because of the size of the project. (2…[Read more]