News

No more negative gearing

Thursday 29th of March 2018

It has been a busy week in the Government’s crusade to crack down on those who benefit from property investment with the bright line test extended and a ban on letting fees announced.

Now, attention has turned to the ring-fencing of rental losses and today Inland Revenue (IRD) released an issues paper on the proposed changes.

The proposal is that property speculators and i...

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