Skip to main content
Feb 13, 2024 12:46 AM UTC
Question

How does GST apply to the sale of farm property

How does GST apply to the sale of farm property, How do distinguish the difference between the home value and the farm value

1 reply

Feb 13, 2024 12:48 AM UTC

Hi Jakes12, 

 

Thanks for contacting us here. QuickBooks is a flexible program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

Knowing how GST applies to the sale of property is essential for keeping your book accurate. That said, I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'm here to steer you in the right direction with navigating the program.