From: Manny B
Howdy there,
I had a look at a good Commercial Property which may be worth considering (good return in good area)... but the agent did state that I would be up for 10% GST on the purchase price... is that right?
The agent thinks if I form a business & purchase it under a business name that I would get the GST re-imbursed... is that the case? also, if the Commercial Property is put into a family trust, would it also get back the GST as if purchased under a business name?
Any information would be greatly appreciated (till I talk to my accountant)... thanx in advance...
Manny.
Howdy there,
I had a look at a good Commercial Property which may be worth considering (good return in good area)... but the agent did state that I would be up for 10% GST on the purchase price... is that right?
The agent thinks if I form a business & purchase it under a business name that I would get the GST re-imbursed... is that the case? also, if the Commercial Property is put into a family trust, would it also get back the GST as if purchased under a business name?
Any information would be greatly appreciated (till I talk to my accountant)... thanx in advance...
Manny.
Last edited by a moderator: