I don't like the bright-line test rule. Pay thousands if you get it wrong. скачать в хорошем качестве

I don't like the bright-line test rule. Pay thousands if you get it wrong.

Chapter 6 Summary I don't like the bright-line test rule. Pay thousands if you get it wrong. The big problem is because of the constant changes. The IRD has changed the bright-line period 4 times over the last 9 years. 𝗙𝘂𝗻 𝗳𝗮𝗰𝘁: that’s more times than we've had changes in government over the same period! Here's a breakdown of the timeline: → Introduced in 2015: 2-year bright-line period. → Extended to 5 years in 2018. → Further extended to 10 years in 2021. → Now, it’s back to 2 years for property sold on or after 1 July 2024. For property sold 𝘣𝘦𝘧𝘰𝘳𝘦 1 July 2024, different timeframes apply. And so here's a free resource to get you started. Check out IRD’s free property tax decision tool on their website. It’s a quick and simple tool to help you work out if the property you are buying and selling is taxable under any of the property rules. It only takes 7 minutes to complete, so why not give it a try? Here is the link: https://www.ird.govt.nz/property/buyi... I help Kiwi property owners save thousands in taxes by protecting them from costly errors. 📘 Download my free book: 10 Big Property Tax Mistakes That Cost Thousands https://baqir-hussain.kit.com/1d3682b071 🔔 Follow me for more tax tips and insights. ✉️ Join my mailing list for exclusive content and tax advice: https://baqir-hussain.kit.com/483f4a109f 🎥 Watch my video for a chapter summary from my book. #propertytax #taxtips #nzproperty #propertyinvestment #taxplanning #brightline