Managing your own property

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From: The Gow's


Hi Guy's
A friend of mine has just rented out his primary residence and managing the property himself. His question is does a GST apply to the rent he collects, if so who pays the GST?

 

[DaleGG]

Reply: 1
From: Dale Gatherum-Goss


Hi

No, all residential rent is free from GST. However, your friend will pay GST as part of any repairs that he has done.

Have fun

Dale