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Buying and selling residential property (IR313)
When to use this guide
Use this guide if you have sold a residential property or properties and are unsure if you should pay tax on the profits you made from the sale.
This guide will help you understand whether you should be paying tax and tells you about your responsibilities. It will help you decide whether you need to get more information or professional advice.
This guide is primarily for individuals. If you're a builder, developer or dealer you should talk to your tax professional as different rules may apply.