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Pardon my ignorance on this question but what makes a property developer in the eyes of the ATO? Is it as simple as they have a property development company? Or is say an investor using a development strategy who builds 3*3 unit developments in a year classified as a developer in the eyes of...

Thanks for clarifying Paul that does make perfect sense. Could I ask from your experience is it a common thing that developers would construct a propery and then rent it for say a year or so. This way they could LEGITIMATELY claim the interest deductions and also by holding for a year get a...

Hey Paul, You mentioned "provided you continue to rent". Could you eleborate on this? I am in the process of subdividing and about to build at the rear. I live in the front property as my PPOR. Can I claim the interest on the rear construction in this scenario?