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30th January 2011, 03:30 PM
Hi All,
Im wondering if there are others here that are renovating for a living?,
Im a carpenter, have built houses & just finished an owner builder house & Im considering starting to buy units(in a regional area, where I live), putting in a new kitchen, bathroom, carpets, doors & paint etc. then selling it.
Does anyone have any advice about the tax obligations that may arise from doing this
?, & any other advice or experience to offer.
cheers
Shaun
Read the full thread at RenovateForum.com... (http://www.renovateforum.com/f85/renovating-living-95842/)
Im wondering if there are others here that are renovating for a living?,
Im a carpenter, have built houses & just finished an owner builder house & Im considering starting to buy units(in a regional area, where I live), putting in a new kitchen, bathroom, carpets, doors & paint etc. then selling it.
Does anyone have any advice about the tax obligations that may arise from doing this
?, & any other advice or experience to offer.
cheers
Shaun
Read the full thread at RenovateForum.com... (http://www.renovateforum.com/f85/renovating-living-95842/)