I think there is different tax treatment – GST – for commercial residential premises depending on whether the majority of occupants stay short term or long term (over 28 days). Check with ATO

There are both legal and financial implications to consider before putting property into companies, trusts and other business entities, as opposed to being owned directly as individuals. On the legal side there are protection and inheritance considerations. On the financial side there are significant taxation implications (both regarding rental…[Read more]