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	<title>PropertyInvesting.com | robertsp | Activity</title>
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				<title>robertsp replied to the topic GST query  in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4394194-gst-query/#post-4592686</link>
				<pubDate>Fri, 24 Oct 2008 04:09:19 +0000</pubDate>

									<content:encoded><![CDATA[<p>Many thanks for your considered reply.   I&#039;m seeking advice from my accountant. </p>
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				<title>robertsp replied to the topic GST query  in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4394194-gst-query/#post-4592685</link>
				<pubDate>Fri, 24 Oct 2008 04:08:37 +0000</pubDate>

									<content:encoded><![CDATA[<p>eddiec wrote:</p>
<p>robertsp wrote:<br />
<span> <span>Advice welcome. </span><span>If I was to buy a block of land and engage a builder to build a 2 Unit Duplex, will I be required to pay GST on the sale of the Units?.  </span><span>I am an individual PAYE tax payer and not in the business of developing.</span><span><span></span> </span></span></p>
<p>The law looks at your intention, ie, whether you are buying a capital asset as a lon&hellip;<span class="activity-read-more" id="activity-read-more-274495"><a href="https://www.propertyinvesting.com/topic/4394194-gst-query/#post-4592685" rel="nofollow">[Read more]</a></span></p>
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				<title>robertsp replied to the topic GST query  in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4394194-gst-query/#post-4592684</link>
				<pubDate>Fri, 24 Oct 2008 04:08:17 +0000</pubDate>

									<content:encoded><![CDATA[<p>Terry many thanks.  I&#039;m seeking advice from my accountant. </p>
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				<title>robertsp replied to the topic GST query  in the forum Legal &#38; Accounting</title>
				<link>https://www.propertyinvesting.com/topic/4394194-gst-query/#post-4592683</link>
				<pubDate>Fri, 24 Oct 2008 04:06:52 +0000</pubDate>

									<content:encoded><![CDATA[<p>Terryw wrote:<br />
That is a difficult question. I think it comes down to when you sell and your intention. New property is supposed to attract GST on its sale &#8211; but I think the land portion will be GST exempt because it is not new. However, if you were to rent them out for a while and then sell, they will no longer be new and therefore GST may not&hellip;<span class="activity-read-more" id="activity-read-more-274493"><a href="https://www.propertyinvesting.com/topic/4394194-gst-query/#post-4592683" rel="nofollow">[Read more]</a></span></p>
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