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	<title>PropertyInvesting.com | Project Man | Activity</title>
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				<title>Project Man replied to the topic Building a good NZ team in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4378155-building-a-good-nz-team/#post-4503203</link>
				<pubDate>Fri, 28 Sep 2007 01:36:06 +0000</pubDate>

									<content:encoded><![CDATA[<p>Not wishing to burst your bubble, but in New Zealand, if you buy a property with the puposes of making money on it, it is taxable as income at the full applicable income tax rate, Capital Gains Tax is irrelivent. The government recently turned down the need for capital gains tax, because income tax covers most scenarios.  The worse thing you can&hellip;<span class="activity-read-more" id="activity-read-more-140787"><a href="https://www.propertyinvesting.com/topic/4378155-building-a-good-nz-team/#post-4503203" rel="nofollow">[Read more]</a></span></p>
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