Andrew King: Myth of tax bonanza for rental investors

Posted by Andrew King On May - 4 - 2007

From the NZ Herald

Three articles on home ownership this week put the blame for rising house prices on property investors. However, there is a considerable amount of misinformation and misunderstanding that has led the writers to their conclusions.

Before assigning blame we need to ask two questions. Are property investors really to blame and if they are, would the capital gains tax on rental property help the situation? Read the rest of this entry »

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