{"id":106163,"date":"2019-04-17T11:36:03","date_gmt":"2019-04-17T04:36:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/10m-landlord-had-planned-to-fund-capital-gains-tax-hit\/"},"modified":"2019-04-17T12:03:51","modified_gmt":"2019-04-17T05:03:51","slug":"10m-landlord-had-planned-to-fund-capital-gains-tax-hit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/10m-landlord-had-planned-to-fund-capital-gains-tax-hit\/","title":{"rendered":"$10m landlord had planned to fund capital gains tax hit"},"content":{"rendered":"<p>&#013;<br \/>\nAuckland landlord Gary Lin, with 14 residential properties worth about $10 million, had planned to hold places longer and use expected valuation rises to offset capital gains tax.&#8221;I&#8217;ve already got a strategy because we can&#8217;t control&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12223157&amp;ref=rss\" target=\"_blank\">m landlord had planned to fund capital gains tax hit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Auckland landlord Gary Lin, with 14 residential properties worth about $10 million, had planned to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106163","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rCj","jetpack-related-posts":[{"id":106155,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ill-sell-from-my-grave-multimillionaire-auckland-landlord-peter-lewis-baulks-at-capital-gains-tax\/","url_meta":{"origin":106163,"position":0},"title":"&#039;I&#039;ll sell from my grave&#039;: Multimillionaire Auckland landlord Peter Lewis baulks at capital gains tax","date":"April 17, 2019","format":false,"excerpt":"\r An Auckland landlord with 12 properties is unconcerned about a CGT for himself but thinks New Zealand's 1 million-plus tenants could be in for a rough time. \"I'll sell from the grave,\" vowed Peter Lewis, 73, in the lead-up to the...\r \r Source : nzherald.co.nz\/Property\r Read more...'I'll sell from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103893,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/business-debate-should-nz-introduce-a-capital-gains-tax\/","url_meta":{"origin":106163,"position":1},"title":"Business debate: Should NZ introduce a capital gains tax?","date":"February 11, 2019","format":false,"excerpt":"\r Ahead of next Wednesday's Tax Working Group report release, the chief economist of one of our biggest banks and New Zealand's landlord chief go head to head over capital gains tax.The gulf is wide in this business debate, with...\r \r Source : nzherald.co.nz\/Property\r Read more...Business debate: Should NZ introduce\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-know-where-i-stand-regarding-capital-gains-tax\/","url_meta":{"origin":106163,"position":2},"title":"I want to know where I stand regarding capital gains tax","date":"July 28, 2016","format":false,"excerpt":"\r Will I be liable, as a home owner and landlord, for a charge if I buy another property before selling the one I live in? Q I need to obtain clarity on whether I would pay capital gains tax on purchasing a property using a bridging loan whilst I\u2019m\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-report-getting-your-tax-house-in-order\/","url_meta":{"origin":106163,"position":3},"title":"Property Report: Getting your tax house in order","date":"March 6, 2016","format":false,"excerpt":"\r Being a landlord can be taxing in more ways than one. The most common errors landlords make, says KPMG tax expert Ross McKinley, are to do with tax on capital gains. Last year as part of a plan to slow Auckland's property market,...\r \r Source : nzherald.co.nz\/Property\r Read more...Property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-sell-a-buy-to-let-property-and-buy-another-can-i-defer-cgt\/","url_meta":{"origin":106163,"position":4},"title":"If I sell a buy-to-let property and buy another, can I defer CGT?","date":"January 27, 2020","format":false,"excerpt":"\r A landlord appears to be hoping he can claim business asset roll-over relief to delay paying taxQ If I sell a buy-to-let property and immediately use proceeds to buy another, is the payment of capital gains tax deferred?SKA Short answer: no. You are clearly hoping that selling a buy-to-let\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/treasury-weighs-up-tax-break-for-landlords-who-sell-to-generation-rent\/","url_meta":{"origin":106163,"position":5},"title":"Treasury weighs up tax break for landlords who sell to generation rent","date":"October 8, 2018","format":false,"excerpt":"\r Thinktank draws up plan at time when 40% of young adults are unable to buy a homeThe chancellor, Philip Hammond, is considering using this month\u2019s budget to introduce a \u201cgood landlord\u201d tax break rewarding investors who sell properties to sitting tenants amid a housing crisis that has left 40%\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106163"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106163"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}