Hello to all of you creative people out there.
I have a block of land that was purchased with a property loan but don't have the capacity to put a rental house on there for some time.(2-3 years). I'm trying to come up with a solution that's simple, inexpensive and will allow me to write off interest and costs with the tax dept in the meantime. eg do something with block that gets some kind of income. It's only 1000m2 in size.
Eagerly awaiting your ideas.
Tony.
I have a block of land that was purchased with a property loan but don't have the capacity to put a rental house on there for some time.(2-3 years). I'm trying to come up with a solution that's simple, inexpensive and will allow me to write off interest and costs with the tax dept in the meantime. eg do something with block that gets some kind of income. It's only 1000m2 in size.
Eagerly awaiting your ideas.
Tony.