Queensland owners were finding unusual income streams from their land, including sharecropping, horse agistment and hosting a telecommunications tower worth $50,000 a year, realestate.com.au reported. PIPA chairman Peter Koulizos said more ordinary options existed, such as converting a house near a university into student accommodation or using commercially zoned homes as consulting rooms, but warned the extra income was taxable and involved more work.
Reported by
Sophie Foster, realestate.com.au, 21 December 2020
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
