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Thanks Paul, wasn't aware of this at all and GST on top of it too. Certainly takes a bite of the profits. Cheers, nat

So whats defined as a development/ being a developer? You already have a PPOR and you: - Buy land, build house, sell for profit. - Buy block of land, split in 2, build/move and sell 2 houses. - Buy land build townhouses etc Or is it the length of time involved/ how long asset is held...