Capital Gains
Tax Implications of Subdividing Land in Australia: Key Considerations
Sep 25, 2024
The subdivision of land has been a prominent topic throughout 2024, particularly with the increasing demand for housing in the Australian property market. A shortage of land in desirable locations, such as areas close to city centres, shopping hubs and popular schools, has led many property owners and investors to consider the option of subdividing land as a way to maximise the value of their properties.
Tax Implications Involved in Principal Place of Residence Subdivision
Jul 26, 2022
As house prices continue to remain high in a competitive market, for those with a significant portion of land, the attraction of subdividing the family block may appeal as a source to increase wealth, build a property portfolio, or downsize for retirement.
