evanuggetpi@lemmy.nz to Aotearoa / New Zealand@lemmy.nz · 1 year agoMega Landlords: investor stops buying after tax change, renovating insteadwww.stuff.co.nzexternal-linkmessage-square14fedilinkarrow-up152arrow-down11
arrow-up151arrow-down1external-linkMega Landlords: investor stops buying after tax change, renovating insteadwww.stuff.co.nzevanuggetpi@lemmy.nz to Aotearoa / New Zealand@lemmy.nz · 1 year agomessage-square14fedilink
minus-squareRangelus@lemmy.nzlinkfedilinkarrow-up10·1 year agoNot only are they expecting endless capital gains, they are expecting to not be taxed on the income they receive when they realize said gains.
Not only are they expecting endless capital gains, they are expecting to not be taxed on the income they receive when they realize said gains.