Hi all
We are looking to build our home this year.
Wondering whether we should rent the house for six months while we plan our build (project home) or whether we leave it vacant in ''hope'' that we finalise the approvals and are ready to construct in the next couple of months.
My gut feel is it will take longer than a couple of months planning and getting our home right. As much as we want to commence asap and move in, we do want to get it right.
Do you think it is worthwhile tenanting instead of leaving the property vacant, which will help us manage cash flows.
Tax is not a consideration here.
thanks
Monalisa
We are looking to build our home this year.
Wondering whether we should rent the house for six months while we plan our build (project home) or whether we leave it vacant in ''hope'' that we finalise the approvals and are ready to construct in the next couple of months.
My gut feel is it will take longer than a couple of months planning and getting our home right. As much as we want to commence asap and move in, we do want to get it right.
Do you think it is worthwhile tenanting instead of leaving the property vacant, which will help us manage cash flows.
Tax is not a consideration here.
thanks
Monalisa