134 Wellesleys@#$#!!2
He says he doesn't expect his portfolio to be affected much at all.
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People like Lewis could see &big changes if rental property sales' value t tsn't expect his portfolio to be affected much at all.
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But if all his properties were valued in 2021, he foresees little difference from today because the market has been flat for at least two years. If he does sell any, he doesn't foresee much of a tax bill, maybe a few tens of thousands. He says he doesn't expect his portfolio to be affected much at all.
People like Lewis could see big changes if rental property sales' value increase is taxed at 33 per cent. He has a $5 million to $6m south and west Auckland portfolio, housing around 50 people and which last year cost him $88,000 in repairs and maintenance.
But if all his properties were valued in 2021, he foresees little difference from today because the market has been flat for at least two years. If he does sell any, he doesn't foresee much of a tax bill, maybe a few tens of thousands.
Listed Mon, 22 Apr
