The recent Government initiative to apply a two year rule on homes sold within two years of purchase by non owner occupiers is welcomed by property investors. Andrew King of the Property Investors Federation has represented property investors nationwide in the press and on TV recently. He confirmed what we’ve been saying on PropertyTalk for some time.
Tag Archives | Property Traders
It’s a common mistake to just try to make a property look good when renovating for a profit or to sell – and this is of course very important.
Property investors, whether they are following the trading strategy and/or the buy and hold, will need to be aware of the wide ranging and often complex taxation ramifications. Taxation (including GST) is the largest single expense you will face.