Property ExpLained

EP: 92

Do I have to pay tax under the bright line test in NZ? (Audio version of the article)⎥Ep. 92

About this episode

In this episode, you’ll learn what the bright line test is, who it applies to, and what the recent changes are.

As of July 1, the bright-line test is 2 years. This means, if you buy a residential property and then sell it within 2 years of owning it, you may have to pay tax.

And click ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to see all the charts and other info in the written article on the Opes website.

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