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Hi Paul, I don't believe legal practitioners need to be registered with the TPB unless they are going to lodge or make statements. Therefore any taxpayer's recourse through contract and tort law is a bit of a disadvantage considering the other party is a legal professional. At least...

There is no valuation, as has been pointed out already. The ATO enjoys part of the capital growth funded by your renovations. Yes your cost base will increase, but the value adding beyond this will be subject to CGT. Not to mention the opportunity cost of your own labours which will not...