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  • Profile photo of Iceman2Iceman2
    Member
    @iceman2
    Join Date: 2003
    Post Count: 1

    Hi everyone,

    If you are considered to be a property trader by the IRD then, yes, you will have to pay capital gains tax. A good way to avoid this is to have a good company/trust ownership structure to avoid attracting their attention, and this has worked well for me. Also, living in the property while it is being upgraded should avoid you being considered a trader.

    Hope this helps

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