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Ring fencing will make property speculation less attractive

Investors should not buy property for tax reasons.

Brent Edwards Fri, 07 Dec 2018

Revenue Minister Stuart Nash believes property investment will remain attractive even after legislation comes into effect ring-fencing losses from rental properties.

But Mr Nash says the new Taxation Bill will make property speculation less attractive.

He says while investors will not be able

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Brent Edwards Fri, 07 Dec 2018
Contact the Writer: brent@nbr.co.nz
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Ring fencing will make property speculation less attractive
Politics,
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