Browse Forums General Discussion Re: Second owner builder build within 5 years? NSW 2May 26, 2020 5:19 pm Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Second owner builder build within 5 years? NSW 7May 27, 2020 7:56 am Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Second owner builder build within 5 years? NSW 10May 27, 2020 12:48 pm Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Second owner builder build within 5 years? NSW 13May 27, 2020 1:11 pm I guess you will always get someone who thinks it's an easy $$$ to let someone use their licence but it can really come back to bite them and their licence on the bum. The OP sounds like they OB (project managed) a house once and now think that it looks like a good way to make some money, and that's fair enough, we all want to make money. But the fact that they know they would never actually get a building licence tells me that they are probably not experienced in the building industry and one smooth build doesn't mean any future build will go that way and without troubles. That is exactly the scenario that the below site is talking about and the reason any licenced builder would and should run away from lending their licence. https://www.cornwalls.com.au/licence-to ... you-think/ Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Second owner builder build within 5 years? NSW 16Jul 24, 2020 5:15 pm juken Hi All The misses and myself recently completed an owner builder house project in NSW for us to live in. We decided to have a crack at owner building due to not being happy with project builders designs and we wanted to try to do it cheaper. We actually enjoyed the experience so much we have been discussing about buying a block of land and doing another build to see if we can make a profit. I’ve had some look into this but it seems because we have already been granted an owners builder license we are excluded from being issued another owner builders license for 5 years. My question is there any other way we can do a second owner builder build for profit? I’ve researched getting a builders license but that seems impossible to get given our backgrounds and the requirements needed to obtain a builders license. Well done! would you be willing to discuss some of your experiences as OB? we might be leaning that way ourselves. did you use brick or brickveneer? regards Re: Second owner builder build within 5 years? NSW 17Jan 26, 2021 8:29 pm juken Hi All The misses and myself recently completed an owner builder house project in NSW for us to live in. We decided to have a crack at owner building due to not being happy with project builders designs and we wanted to try to do it cheaper. We actually enjoyed the experience so much we have been discussing about buying a block of land and doing another build to see if we can make a profit. I’ve had some look into this but it seems because we have already been granted an owners builder license we are excluded from being issued another owner builders license for 5 years. My question is there any other way we can do a second owner builder build for profit? I’ve researched getting a builders license but that seems impossible to get given our backgrounds and the requirements needed to obtain a builders license. just put them in each of your names and you can as a couple do 2 every 5 years.. Re: Second owner builder build within 5 years? NSW 18Jan 27, 2021 6:10 am "just put them in each of your names and you can as a couple do 2 every 5 years.." Nope , you can't do that either if the property is in both your names or if you decide to buy two properties as you suggest in different names you could be caught out by the ATO in either capital gains or stamp duty. Stewie Re: Second owner builder build within 5 years? NSW 19Jan 27, 2021 6:54 am yes you can if you do them non concurrently and actually live in them If so what were the "special circumstances" under which it was granted? "Note: If the development consent is for 'dual occupancy' an owner-builder permit can only be… 0 13986 Being an owner builder is no walk in the park. It’s a challenging endeavour that requires dedication and hard… 0 9952 |