I am totally new to commercial properties. Can anyone share some of your expertise in commercial property?
Things I want to know around:
1. Do you pay different stamp duty, land tax etc for commercial
property comparing with residential property?
2. In terms of CGT, does the index method or the 50% discount method
apply to commercial property?
3. Who pays all the bills when leasing a commercial property?
4. In terms of depreciation, any difference between commercial and
residential property?
Thanks,
Pat
Things I want to know around:
1. Do you pay different stamp duty, land tax etc for commercial
property comparing with residential property?
2. In terms of CGT, does the index method or the 50% discount method
apply to commercial property?
3. Who pays all the bills when leasing a commercial property?
4. In terms of depreciation, any difference between commercial and
residential property?
Thanks,
Pat