alison.isherwood
5 months agoNetwork Navigator
When downsizing a property to free up and invest capital, how can we reflect the newly purchased property as fully paid off using the proceeds from the sale of the original property, ensuring no liability carries over into the next year?
E.g. Sell property for $1,780,000 and use this cash to purchase new property for $1,200,000, resulting in zero liability in the following year.
lana.graham
Iress Contributor
5 months agoHi alison.isherwood
I see you are using our NZ Xtools+. I'll come back to this one next week.
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