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Many thanks for your input Paul The property will be for investment purposes and we still haven't worked out the structure of tenancy. I've found listings of leases where the directly neighbouring property has rented out the residential component separate to the commercial (to separate...

I personally am registered for GST and have my own ABN. However, my brother hasn't got a sole-trader ABN. To split this quuestion out further: 1. On purchase, do we just purchase under our names and then sort out the financials under our ABNs with our accountants? 2. Would both purchasers be...

Hi all, First time poster, long time lurker I'm about to place an offer on a mixed commercial/residential "townhouse" in Sydney. The building is zoned "Business" and I have been told by the agent that I would be required to pay GST on 20% of the settlement price (which is the proportion of...