Property tax alert: new tax rules

Property tax rules changed on the 1st of October 2015 so if you’re buying or selling residential property this information is important to you, especially if you are a property investor. A new ‘bright-line rule’, which states you’ll pay tax when you buy and sell a residential property within two years, is now in place. What is a bright-line rule? A bright-line rule is a clearly defined rule that leaves…  Read more

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