Individual income tax
Tax and your property transactions IR361
(published April 2011)
About this guide
This guide is for people involved in property ownership. It explains some of the lesser understood taxation issues when you are involved in buying or selling any property. It specifically covers areas where we have seen mistakes occurring.
Adobe Acrobat PDF | 616kb | 27 pages
When to use this guide
This guide will give you a basic understanding of the various tax considerations when buying or selling property. It is not a comprehensive guide to all property taxation issues but it will help you understand when you should seek further advice to avoid common mistakes.
We explain some of the key concepts for you to consider when you are involved in property transactions to help you understand when you should seek further advice.
What you will need