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**AUSTRALIA BASED ANSWER ONLY** A husband and wife own an investment residential unit and two commercial properties. The income per annum from the residential unit

**AUSTRALIA BASED ANSWER ONLY**

A husband and wife own an investment residential unit and two commercial properties. The income per annum from the residential unit is approximately $55,000. The commercial property income per annum for the two commercial properties combined, is approximately $65,000. The husband and wife decide to place their residential unit on the market, and also decide to place one of their commercial properties on the market. Discuss any GST implications.

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