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CAN YOU DEDUCT HOLDING COSTS ON PRIVATELY USED PROPERTY THAT IS TAXED ON SALE?

By EpsomTax.com Tax Team | April 7, 2026
Anxious Investor looks at a tax bill from IRD

Can you deduct holding costs on privately used property that is taxed on sale? That’s a good question. Property investors focus on outcomes. Cash flow, tax, risk, and long‑term value drive decisions far more than legal theory. However, one legal issue now affects thousands of everyday investors in a very practical way: When Inland Revenue…

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