If you make a profit in a short term case you’ll pay tax. Anyone able to or willing to be in a position to have investment property should be if they are willing to take the risk be able to have the opportunity to make money in this are. We’re taxed heavily on any additional work, eg secondary jobs, those prepared to do a certain level of work to get ahead should be allowed to. Government already take too much. Rates increases, gst etc inflationary issues, regulations around Earth quake pushing up insurance levies etc. There huge risk involved in property ownership. If people want to do this they should be allowed to without penalty.
Be the first to reply to this agreement.