Investors Owe $66K in TAX?! Bright Line Test Tricks ⎜ Ep. 1346

<p>In this episode, we discuss the bright line test and 2 investors who would accidentally have to pay about $66k in tax. </p> <p><br></p> <p>This includes some of the more technical aspects of the bright line, including how the IRD treats subdivisions, flipping your family home and selling a holiday home. </p> <p><br></p> <p>Ultimately, this helps you better understand how much tax you might have to pay when buying and selling properties.</p>