177. Owners taxed on OC income | display of fire statement | lot property defects | conversion to strata

This week, Reena and I cover:

  • the tax ruling that requires lot owners to declare income received by their owners corporation on their individual tax returns
  • why every building really should have a notice board
  • how an owners corporation can assist owners with the rectification of lot property defects, and
  • the first court-ordered collective sale under the new NSW regime.

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