1. My son is currently working overseas and also has a tax return in Australia every year, because there was a previous home in it but is currently renting. So when selling, do you need to pay taxes?
2. I plan to break down the house, to build 2 unit, so do I pay taxes? What if I sell one unit later and keep one?
3. We want to name the house where my spouse owns, let our children. So do I have to pay taxes?
4. We plan to open a business with a friend. I have heard that it is better to open through Trust. Please explain.