I purchesed a property in a Trading Trust with the intention of a quick do up and sell.
It is now tenanted for six months
Ive claimed GST on the purchase price and renovations and thought GST was payable on the selling price and rental income.
Ive had different opinions about the payment of GST on the rental income. Any ideas before it is due at the end of the month ?
It is now tenanted for six months
Ive claimed GST on the purchase price and renovations and thought GST was payable on the selling price and rental income.
Ive had different opinions about the payment of GST on the rental income. Any ideas before it is due at the end of the month ?
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