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.
The annual costs of owning a home in Auckland
The annual expenses for owning a home in Auckland will be over $10,000 in most cases once you start to take into account some associated
