https://www.propertyinvesting.com/members/ambers/activity/ Activity feed for ambers. Fri, 17 Apr 2026 18:27:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 608d20a8427c96122b78bd31c396f5bd https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591045 Fri, 22 Aug 2008 13:37:26 +0000 Hi Mick,This is a very grey area.   As i understand it with out actually living in on the property for some time you can not claim the house/land that you build as the PPOR and retain the other. So you can not pick which one is your PPOR without living in it. For example i cant say i choose house one as my PPOR and sell it and then live in house 2…[Read more]

]]> b0b9c49430bb45b57f68558d74f7f68e https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591043 Tue, 12 Aug 2008 13:18:44 +0000 Thank you very much Adrian And Amber for the site. It has been a very steep learning curve since undertaking this project and i have learnt a lot in such a short time. It took a little while to get my head around some of the taxation stuff, but i am there now. i think!All the number crunching should be done by the end of the week. Which i am…[Read more]

]]> aa145f99b344251233b6a9506857ace8 https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591041 Mon, 28 Jul 2008 22:36:04 +0000 Thanks Terryw,It appears that we may be able to meet the requirements to reduce the GST side off things on a quick read of the information on the site. As we are not going to make a profit and our intention is not to go into business. That the property is currently our PPR and our only reason to do the subdivision is to be able to accommodate the…[Read more]

]]> 2dbea4034f5c43bf4482e8c0d185c886 https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591039 Mon, 28 Jul 2008 07:37:28 +0000 Hi Terryw,Thanks for the explanation.I rang the ATO but really didnt get much out of them other than read pages and chapters out of the book. Which is ok at least i know the pages relevant to me.Now im going to have to ring them again for information on the GST side of things. He did seem to think i would not have to pay GST as im not a builder.…[Read more]

]]> 2c1c7c027e9bb0883044f2a4b48a7ac7 https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591037 Mon, 28 Jul 2008 05:08:32 +0000 Thanks Melhart,Yes i think off the plan is going to be the way to go. Im not after a huge profit just trying to update the old house to accommodate the kids. But the ATO is making that very difficult without inflicting more debt on my part. GST and CGT are killing me.The block would not take long to sell as it is a very desirable location.But as…[Read more]

]]> 3ba2ef44576ba04199a270500c5b0f2b https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591035 Mon, 28 Jul 2008 01:16:32 +0000 Hello Melhart,Thank you for your comments. They have helped me along a bit. Another question would be, the GST component would be on the profit component of the sale. Is this correct?I think at this stage it may be better for me to sell of the plan so i don't have the holding costs.I would have thought that there would be more written about this t…[Read more]

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