I am considering purchasing an existing property on a large block of land as an IP, sub-dividing the land into house/land and a separate vacant block, then selling both - hopefully with in 1 year of the initial purchase.
Can anyone please advise the tax considerations / implications I need to take into account in calculating the ROI?
Thankyou in advance. Mondo1
Can anyone please advise the tax considerations / implications I need to take into account in calculating the ROI?
Thankyou in advance. Mondo1