https://www.taxtmi.com/article/detailed?id=16314 Fractional ownership platforms and Small and Medium REIT structures raise unresolved GST questions across the real estate investment lifecycle. Property transfer to the SPV may fall within the Schedule III exclusion for sale of land and building, but continuing obligations or leaseback features may create recharacterisation risk and input tax credit reversal issues. Investment manager services are taxable, rental income from commercial property is subject to GST, and distributions of net distributable cash flow are not supplies. SM REIT unit transfers are generally outside GST as securities. en-us Thu, 30 Apr 2026 07:18:52 +0530 Thu, 30 Apr 2026 07:18:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16314 Fractional ownership platforms and Small and Medium REIT structures raise unresolved GST questions across the real estate investment lifecycle. Property transfer to the SPV may fall within the Schedule III exclusion for sale of land and building, but continuing obligations or leaseback features may create recharacterisation risk and input tax credit reversal issues. Investment manager services are taxable, rental income from commercial property is subject to GST, and distributions of net distributable cash flow are not supplies. SM REIT unit transfers are generally outside GST as securities. Articles Goods and Services Tax - GST Thu, 30 Apr 2026 07:18:52 +0530 https://www.taxtmi.com/article/detailed?id=16314