What of those property owners who since 1999 were free of the property inflation interest rate control mechanism that would have seen rising interest rates as house prices rose slowing demand.
So for those that borrowed against there equity to purchase another house, car asset etc, surely this is income bought foward and should be taxable?
What of those property owners who since 1999 were free of the property inflation interest rate control mechanism that would have seen rising interest rates as house prices rose slowing demand.
So for those that borrowed against there equity to purchase another house, car asset etc, surely this is income bought foward and should be taxable?
Dear Mr Robertson,
What of those property owners who since 1999 were free of the property inflation interest rate control mechanism that would have seen rising interest rates as house prices rose slowing demand.
So for those that borrowed against there equity to purchase another house, car asset etc, surely this is income bought foward and should be taxable?