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Residential property
Whare nohoanga

What if you are buying and selling regularly

It is important to consider how often you are buying and selling property as this can have a major effect on whether you have to pay tax on the profit from the sale of a property.

Any tax consequences are determined by taking a number of factors into consideration, including looking at whether or not there is a regular pattern of buying and selling property.

If you have a regular pattern of buying and selling property, you may be considered a dealer for tax purposes.

Go to our 'Do you have to pay tax on your property?' Decision tree

Go to mistaking property dealing for property investment

 


Date published: 30 Jul 2010

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