Thanks, I did read the bantacs developer booklet which was very informative.
I was sort of looking for more details on how I should be reporting my construction expenses if I was eligible for the CGT path as the construction would go over 2 financial years. i.e. report expenses now and carry...
Hi all
I currently own a rental property and have now decided to knock it down and build a duplex on it. The intention is to live in one side and sell the other. I have been told I should be able to apply CGT to the profit I make when I sell. Some questions on this:
1. The construction...