I thought I would post my first topic (long time reader). Looking for opinions on the following situation but have talked to many professionals so far: Own PPOR outright. Developed triplex about 4 years ago, currently cash flow neutral at 80% LVR (refinanced recently to pay for DA works) Top tax bracket income, solid job (one income, family of 5), cash reserves. Have block with DA for 5 apartments and another block with DA for 8 apartments. All property in own name, not GST registered or in a company (yes next purchase should be in a company) I can develop 5 apartments now without presale and have started working drawings, but the other 8 may require more funds. At completion of the 5, should I: · Sell all 5 apartments, cop the GST hit but release funds. · Or sell all 3 villas (soon at the 5 year mark) and keep the 5 apartments for 5 years. · Both would release similar equity to start the 8, again hopefully without presales. I am comfortable with owning all 13 (income, max depreciation, easier to control, possibly discount operating costs, lower end of rental market, not governed by market at completion) and slowly selling them at the 5 year mark onwards to get them out of my name. Any further development plans would be through a company but I would want a 2 year break after this to be honest. I haven’t mentioned numbers yet but seeing ideas first. Thanks.