What if you buy an investment apartment that is zero rated for GST
If you buy an apartment with a zero rating it may seem like a good idea because you don’t have to pay GST on the purchase price as GST is charged at 0%.
There’s no hassle with tenants because the management company takes care of renting the apartment and you may also have a guaranteed source of income.
However, there may be unexpected GST to pay on the property if your circumstances change.
Find out more about GST and zero-rated apartments.
Date published: 30 Jul 2010
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