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Peter, I think some good points, though I also know when starting out in business many business owners don't pay themselves because it is dependent on their cash flow etc and its probably quite normal in the early stages. Paying a regular salary and increasing this would be totally dependent...

I like this idea very much, though no plans to start any business venture, other than what I am currently doing with property and that is enough for me today:)

Agree with this. Buy and hold regardless of asset class are investments. In terms of property developing it is most definitely a business, you can not operate unless you show profits/income and successful track record to fund ongoing projects, albeit on a small scale, depending on number of...