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  1. S

    GST on commercial property

    Oh so once I purchase it, I'll be on 100k GST credit, then the tenant pays me rent + GST and slowly chips away at my 100k credit, until one day I have to pass that onto the govt, is that how it all works?
  2. S

    GST on commercial property

    What if I use a new company that's not registered for GST and use that to buy the property? will I still need to pay 1.1 or will I pay 1M? Sorry I don't quite understand this part. Why would the tenant pay? I'm buying the property with a existing tenant in it.
  3. S

    GST on commercial property

    Where can I read more about this? So is it like, if I buy a shop that already has a tenant business in it, there's no GST payable? that's awesome. Also do I need to slice 1/11th off each rent cheque I get and pay as GST once I get the shop? Is there a way to structure that away too?
  4. S

    GST on commercial property

    If I buy, say a shop or office, for say 1.1M, would that figure include 100k of GST? Do all commercial property transactions have a GST component? or is there some way people can structure it so that there's no GST? I also run a business where our net GST bill (after deductions) is over 30k a...
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