tax

I'm hoping to make a few hundred thousand, capital gain, from a subdivision.

Is forming a company the best way to reduce the amount of tax.

All suggestions welcome.
 
And if you HAVE to sell, wait 12 months, and get the 50% exemption for individuals.

(I don't know when the 12 months for exemption starts- when you acquire the land, or when it's developed, or somewhere in between).
 
I don't have much experience yet, but I have been told not to have an appreciating assest in a company.
Roz.
 
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