Labour locks in capital gains tax on investment property

By Dan Brunskill and Mandy Te In what Labour leader Chris Hipkins thinks would be “the most progressive change to New Zealand's tax system in a generation” - the Labour Party caucus has agreed to campaign on a 28% capital gains tax on residential and commercial property. This would be used to fund three visits to a general practitioner doctor…

Property Dispute In Bikaner Royal Family, Member Denied Entry To Fort

The property dispute of the former royal family of Bikaner once again came to the fore as the member of the former royal family, Rajyashree Kumari, was denied entry to Junagadh Fort of Bikaner on Friday when she arrived to visit the temple. Security guards and Kotgate police station officer Vishwajeet Singh refused entry to Rajyashree Kumari, her advocate Kamal…

China Vanke Chairman Abruptly Resigns From Stressed Builder

China Vanke Co.’s recently appointed chairman has resigned from the role, in another blow to the embattled developer facing liquidity challenges. Xin Jie, who stepped in the chairman role amid an abrupt management overhaul in January, has applied to resign from positions including the chairman, the developer said in an exchange filing to the Hong Kong stock exchange Monday. Xin’s resignation…

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Taking on Real Estate Investment Part 2

Last time, I wrote about how I started taking on real estate investment. This time, I would like to write about an apartment building that I considered to the point of thinking,…

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