Go and see a good property accountant ASAP. Intention is what makes a difference: if you develop with the intention to hold and rent out (for at least couple of years), it is one story… If you develop with intention to sell for a profit, another…. However, I am not an accountant-just sharing what I have learned. Do not do anything without a…[Read more]

crusty wrote:
Hi LandtWe have used them on two accounts: as a buyers agents (in2008) and as a property managers (2009/10). As a buyers agents they have done a great job for us. As a propert managers-we changed them recently. We werent happy. they change staff in property management section too often, employing very junior personel, who did not…[Read more]

Sorry all because I have addressed the wrong person: I meant to address Patcon.

Hi LandtWe have used them on two accounts: as a buyers agents (in2008) and as a property managers (2009/10). As a buyers agents they have done a great job for us. As a propert managers-we changed them recently. We werent happy. they change staff in property management section too often, employing very junior personel, who did not deliver, as far…[Read more]

It depends where it is. Different local authorities/councils have different rules. Check local council for planning rules (zoning etc) and definitely ask for copy of all approvals.