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are you talking about GST on Sale or GST on purchases??? ie if you talk to a builder and he quotes you $200k to build, you'll be paying $220k Inc GST If you sold multiple builds (which means you are a business, $75k turnoever or not), if you sold one then you could get away with it, but...

its in every property magazine every month usually stories about fairly young people, who for the first time have subidivided a block or built an additional dwelling and have gained a massive Equity gain according to the article, but you incorporate GST, and selling costs Have a look ;)

Yes pretty much, I wasn't even considering input tax credits though Basically, unless you keep all of them, or all but one, your final price say 500k becomes 454k+gst as it's deemed a busienss and therefore gst is applicable Also, if you hold it for 5 years? Then gst becomes not...

Was having a think last night, Ive been looking at development sites, and its pretty hard in the areas ive been looking at. then I got thinking, why do developments? other then for something different I can find renovation projects that return 25% (buy $200k, spend $20k inc stampduty...