Hi All,

I need some help here, we are a business that builds house for clients. We decided to build one of our own houses to be rented out.

I know this falls under Investment property as we will rent it out, my question is the following:

- Do we claim the Input VAT when we buy the materials to build the house?

Then, if so what will happen if we decide to sell the house when it is complete? Obviously this will trigger a "change of use" at SARS and
this would be seen as "stock" and we might pay over output VAT.

Thank you