PProperty developments, structuring them and taxation consequences involve considering a number of issues including:
1. Asset protection – can the real property be protected if the development goes bad (assuming it is not being used as security for the development)?
2. The background – is it property that has been held long term with a recent decision to develop or was it acquired to develop from the outset or something in between?
3. Taxation – are we trying to maintain the tax profile of the property (where it is pre-CGT or a main residence) and will the developed product be sold, held or not sure?
4. In which State or Territory is the property located?
We discuss when you would use a joint venture and also a tax consolidated group.
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Property Development Structures article is only available to our members.
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