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All Topics / General Property / Has anyone owner built then sold it?
Has anyone owner built, NOT lived in it, then sold it? Is this allowed? Or any "stories" of selling owner built premises?
What state are you in?
I think it is possible in NSW, but you are only allowed one owner builder licence ever 5, or so, years.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
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Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Hi Terry, I am in Vic and know I can build every 3, but I am wondering if there is any reason I wouldnt be allowed to SELL immediatley after building, and NOT having moved in myself. Thanks.
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