Umbrella Accountants – Property Accountants Brisbane
John & Mary bought a rental property in the year 2000, however are now considering demolishing the house to build a new duplex. The old rental property was built in the late 1980’s, is tired and causing lots of repairs and maintenance costs, and can only now attract low rental returns.
The area is now part of the city’s urban renewal, with many properties in the area being demolished and medium density homes being built.
So John & Mary have decided to demolish the old rental and