All Topics / Legal & Accounting / Old/New property, gst and stamp duty

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  • Profile photo of ShaggaShagga
    Member
    @shagga
    Join Date: 2013
    Post Count: 1

    Hi, I'm new to this site and property investment so please take it easy on me!

    I am looking at a property that the vendor has built over about a 20 year period and is still incomplete. It needs a kitchen and floor coverings, some plumbing and painting.

    will I be eligible to claim gst on this property? And is is stamp duty calculated like any other property in Vic for this ?

    I would be purchasing it through a company(gst registered) and using it as a holiday rental property.

    Any help would be appreciated.

    cheers

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