I'm planning to build a house on a block of land in NSW and my friend is also planning to build in the same area.
If possible, we will be constructing similar houses on different plots. We are also expecting to save some money by building it ourselves.
We are planning to lease out each others house and eventually gain some Tax benefits.
Is this legal? Has anybody done something like this? What are the things to consider while undergoing such arrangements
If possible, we will be constructing similar houses on different plots. We are also expecting to save some money by building it ourselves.
We are planning to lease out each others house and eventually gain some Tax benefits.
Is this legal? Has anybody done something like this? What are the things to consider while undergoing such arrangements