CGT Advice - Planning To Build On A Block Of Land.


	CGT advice - planning to build on a block of land. newy777 [6 Posts] Submitted by newy777 on May 14, 2008 - 7:47pm. Joined: 13/02/2008 Hey, If there is any advice that anyone could give me about this situation ,it would be much appreciated. My brother ,father and I are planning to build a new house on a block of land we own. I would like to know at what point can we sell the house and only incurr the CGT on 50 % of the profit. Is it 12 months from when we start to build or 12 months after it is finished and been rented for 12 months? Also what do people think of the Innisfail area for builings new houses? Thanks Ty login or register to post comments Previous Topic we want to own a homes Next Topic Rudd's first home owners saving account - How do I apply?	User login Username: * Password: * Register Forgotten your password? Best Seller In The News Aussie Dollar Booming Aussie dollar above US $0.98 after greenback softens. NAB Raises Interest Rates Why wait until Friday? The NAB has increased its home loan rate by 15 basis points to 9.61% CBA Rate Up Last week St George, today CBA raises home loan interest rates (14 basis points). Beware Friday arvos! more news Today's Tip Your deal's in trouble if the difference between making and losing money is <more> Active forum topics resources for commercial properties? Author: ao [2 replies] Question for accountants Author: CHIS [1 replies] more topics Who's Online Take The Test

CGT advice - planning to build on a block of land.