Why your reasons for buying a property are important
When working out whether or not you are required to pay tax on the profit from the sale of a property, your intention when you bought it is one of the important factors to consider.
It is common for people who buy property to think of themselves as a property investor, however this is not always the case.
Depending on your intentions, you may be an investor, a property speculator or a dealer for tax purposes. Each has very different tax considerations.
Use our property decision tree to find out if you have to pay tax on your property
Go to mistaking property dealing for property investment
Date published: 30 Jul 2010
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