the_maddog replied to the topic renovations=capital gains or positive cashflow? in the forum HI Baby@investing,
I heard 18 years, 3 months agoHI Baby@investing,I heard something similar at a Martin Ayles Seminar. I think it comes down to how the taxation department interpret the earnings. For example, lets say you are renovating on or two properties per year on a part time basis, this would definitely be classified as capital gains as it is not you primary source of income. On the…[Read more]



