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I just had a residential valuation completed on my investment property (block consists of 2 holiday units + 3 permanent units) + it returned a very disappointing ‘As Is’ valuation based on capitalisation method b/c apparently new regulation now prohibits the use of holiday rental income (which is much higher vs permanent) so can only use estimated market rental income on a permanent basis (e.g. 6-12 mth lease) which meant the total net annual rental income was much lower than actual + lower valuation. Can anyone advise if there are any loopholes to overcome this restriction???
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