https://www.propertyinvesting.com/members/blubarb19/activity/ Activity feed for blubarb19. Mon, 06 Apr 2026 16:23:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 3597c5f656d484fbc8e30c4b86d278c2 https://www.propertyinvesting.com/topic/4401998-gst-and-subdivision-of-common-property-to-create-new-residential-lots/#post-4636929 Wed, 01 Dec 2010 12:27:44 +0000 How did you determine it to be a new property, Terryw? Was it partitioned off a block of land or from your PPOR? From what I have been reading, if you are not registered and it is not a furthering of an enterprise then there should be no GST only CGT.

]]> c32059f3075c4eb1d3ae51eac2d106a4 https://www.propertyinvesting.com/topic/4401998-gst-and-subdivision-of-common-property-to-create-new-residential-lots/#post-4636923 Mon, 29 Nov 2010 22:50:15 +0000 By the way, Terryw, though it is true the purchaser pays the GST and the vendor remits it to the ATO the practicalities seem to be the opposite. For example, if a block of land is valued by agents at $300k to achieve a sale and the price set by other land sales in the area (land sold as sub-divisions from PPOR land) then your ‘new’ land will…[Read more]

]]> 8c1b689cb372d4f057e2447c4f1f018e https://www.propertyinvesting.com/topic/4401998-gst-and-subdivision-of-common-property-to-create-new-residential-lots/#post-4636922 Mon, 29 Nov 2010 22:41:43 +0000 Yes, but this is where it gets interesting (or expensive). From what I am reading from the ATO site, the property is considered to be a partition ad therefore GST is payable (hopefully margin schemed) at point of partition. It seems the rulings are clear on this. But what does that mean for a future sale? (1) GST on partition into two titles…[Read more]

]]> 704f37ae7b69c34f49a349052c0e88bb https://www.propertyinvesting.com/topic/4402013-margin-scheme/#post-4637049 Thu, 25 Nov 2010 23:47:31 +0000 Yep, onto it. Thanks, duckster.

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