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Yes guiding one such thing with a client now....Son has POA and Mum's consent too. She is thrilled her outcome will be approx. $400K higher than selling the 2Ha site as one resi lot. (Beecroft). Important though to weigh up the aged care / Centrelink issues etc as part of such a process...

One of the common issues encountered with undertaking a dev site is the inevitable issue that the profit is taxed as ordinary income rather than under CGT provisions. I have encountered a way to overcome this problem and its definitely not available for just anyone. But its worthy sharing to...