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Last week we wrote about the clever apartment owners in Bondi who sold common property air space and converted unused storerooms to saleable units, all to fund a major upgrade of their building. It’s a terrific outcome for all concerned, but there are tax implications for the owners – and it may well be personal. …
https://www.flatchat.com.au/tax-shock/The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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