As part of the Government’s property policy announcements today (23 March 2021), there are two significant changes to tax rules that will impact residential property investors. Extension of the bright-line period Currently the bright-line period for residential property is five years. For residential properties acquired on or after 27 March 2021 that period will increaseContinue reading “Breaking News: Government introduces bright-line and interest deductibility changes”
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Chas Gunaratne 