Deciding to invest in a property is perhaps one of the most challenging things, especially if you are in the late 20s or early 30s. The property market has always been volatile, and therefore one needs to analyse different factors and market trends to avoid potential minefields.
When it comes to property investment and wealth creation, misinformation and myths pose a potential danger. The property market is always buzzing with a lot of baseless information, which eventually results in a wrong move.
If you’re in the market to purchase a new residential property or are looking to buy a block of land for future development, as a purchaser you are required to withhold GST on settlement and this amount is to be directly paid to the ATO.
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