Property Development Structures
A Hot topic that is commonly overlooked is the legal structure under which you develop property. Not only is this critical when commencing a development, its very important to review along the way.
There are quite a few structures that are effective, however in the coming weeks I will share with you common answers on How to Set Up A Structure for your Property Development.
Tax Structure
The other major consideration before setting up a property development structure is TAX.
Tax laws change ferquently, particularly GST, Land Tax and Income tax laws.
Since GST was introduced on 1/7/00 in Australia, there have been many court challenges and in some instances, have still not fully tested the decade old tax laws which can greatly impact profitability of your property development.
Over the coming month, I will also be releasing the Top 10 Tips to consider for a property development tax structure, before you find a property.
Stay Tuned
LoanHero www.planassist.com.au
03 July, 2009
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