Changes have been made to the existing brightline tax. If you buy a property (not a family home) and then sell within two years, currently you must pay tax on the profit. This time frame has been extended to five years for any property bought after the law is in place. This will happen around mid March.
Buying an Auckland home – understanding the potential of the site
Buying a home or an investment is one of the most exciting adventures you can embark on. And amazingly fruitful when the decision is made


