History of buying and selling property

If you have a regular pattern of buying and selling property, you may be considered a property dealer and may have to pay tax when you sell.

This applies to both commercial and residential property.

It may even apply to your main home, if you have a pattern of buying and selling the home you live in.

Number of properties sold

There is no set number of properties you can buy and sell before you may need to pay tax on profit from sales.

If you're unsure whether you're considered a property dealer, you should seek advice from your tax professional.

Find out more about when you might have to pay tax when buying and selling property.