<prompt> Human: Hi PF,My wife told me last week after 10 months of being married she has feelings for another person and the is no chance of our marriage working out. We own a block of land together that we were about to start building a house on. We have not signed a contract with a builder but have signed a preliminary agreement and have got pre-approval for finance from the bank. I would be happy to put everything aside and continue to build the house with her as our land contract states we must start building a house within 1 year of owning the block its been 6 months. If we sell the land by itself I think we will get hit with capital gains tax and have to split the profits with the ATO Australian Tax Office. If she does not want to build the house what process would i then go through to build it with another person if she still owns part of the land? Still being my wife would she then be entitled to half of my share of the house if i built with someone else?We were entitled to a first home owners grant of 15,000 but we would have to live in the house for at least 6 months after building. I am thinking it would be best to build the house as more of an investment and sell it once it has been finished and split whatever is left.Any and all suggestions would be appreciated.  <response>: I am thinking it would be best to build the house as more of an investment and sell it once it has been finished and split whatever is left.No.. It would be best to seperate from your wife completely.Dissolve all financial assets and relationships associate with her and rebuild your life financially and emotionally. 