Miscellaneous 2005

Digging into property development

Source: South Australia

Published Date: 7 May 2005

 

Many clients are trying to cash in on the current property boom. Clients are knocking down their house and building two properties, subdividing farm land for residential purposes and acting as property developers. This presentation looks at the following topics in the context of a small/medium property development:

  • is the profit a capital gain or revenue gain?
  • timing of interest deductibility
  • when is property trading stock?
  • accessing the CGT main residence exemption.

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Individual Session

Digging into property development

Author(s): Patrick C Gallagher

Details

  • Published By: Patrick C Gallagher
  • Published On:7 May 2005
  • Took place at:Novotel Barossa Valley Resort

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Miscellaneous 2005

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