I was wondering if anyone knew if there were any GST implications when you buy a block of land, build a house and then immediately sell it. We have been thinking of doing this but was told the GST could be an issue. Is this true? If it is would it make any difference if we lived in the property for a few months prior to selling? This is the first time weve looked at this sort of thing bit would like to do a couple a year but if I have to pay 10% GST it just wouldnt stack up.