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Dunn: No tax to pay

Wednesday 12th of February 2014
That's despite the fact that the houses have been bought with the expressed intention of eventual sale.
The Dunn Funds is seeking $7.5 million to buy 10 Auckland houses. After 11 years, a vote will be held on whether to sell. If 75% do not back a sale, a vote will be held every year after that until they do.
Dunn said he had been working on the property investment vehicle id...
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