Bright line rule - main home

[kb1796]

Hi all, long time lurker but a first time poster here with a question...

I would like to invest in a property with my parents who I still live with. Would it be possible to get around the 10yr bright line rule by claiming that the invested property will be my main home whilst living in...

[Jellybean]

Hi All
We had a family home that was owned by the family trust for 10 years and then 3 year ago the trust bought a section and built a new family home. The build was messy with the builders going bust and it was stressful. Eventually we moved into house 2 about 18 months ago while the build was...

[muppet]

Hi Guys

Now that I have your attention, Muriel Newman, Act MP has started a column in the NZ Property Mag.

In the Feb issue she suggests that teh United Future Party MP Gordon Copeland is in favour of taxing capital gains on residential rental properties.

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