Hi
This may be silly question based on the sketchy information I got.
My partner was advised yesterday, by a supposed "lawyer" that in-order to become a property investor, (concentrating on DO-UPS)
one has to become registered. If one is not registered, apparently one could be fined for this "illegal" activity.
I am guessing its only the IRD side of paying ones taxes on profit that this lawyer was referring to.
any clarification would be welcome.
cheers
DAX
This may be silly question based on the sketchy information I got.
My partner was advised yesterday, by a supposed "lawyer" that in-order to become a property investor, (concentrating on DO-UPS)
one has to become registered. If one is not registered, apparently one could be fined for this "illegal" activity.
I am guessing its only the IRD side of paying ones taxes on profit that this lawyer was referring to.
any clarification would be welcome.
cheers
DAX
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