Should Your Residential Rental Property Be GST Registered?

Posted 17/10/2008 Updated 24/03/2011

No. Residential rental properties are exempt from GST. You cannot charge or claim GST for the supply of residential rental accommodation, therefore there is no GST implications for this type of activity. This means that there is no GST claimable on the purchase of the property and there is no GST payable on the sale of the property.

Related Items: GST | Rental Property

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