WTK: Real Estate Tax Laws

[cadence]

Tuners,

I have intentions of entering into a small investment with Real Estate. I want to construct a residential house on land that I own and resell. Can any one advise if this should be a registered sole trader business or LTD. Also if there are any accountants looking for a job to assist in the setting up of my paper work etc please post your info or recommend any good professionals...

Thanks. NEIL

[francis1979]

I in for the responses

I know for a purchase house or land; if sold within a year capital gains tax it is applicable

Not sure if it is applicable to house construction