Hi all,
I need to know how land tax is calculated.
For example if I have below properties
PPOR my principle residential (No mortgage) value 600K
IP1 (mortgage) value 450K
IP2 (mortgage) value 400K
IP3 (mortgage) value 500K
Land tax = PPOR + IP1 + IP2 + IP3
Do I include my principle residential for calculate land tax or not?
Greatly appreciated for your help.
Thanks,
Peter
I need to know how land tax is calculated.
For example if I have below properties
PPOR my principle residential (No mortgage) value 600K
IP1 (mortgage) value 450K
IP2 (mortgage) value 400K
IP3 (mortgage) value 500K
Land tax = PPOR + IP1 + IP2 + IP3
Do I include my principle residential for calculate land tax or not?
Greatly appreciated for your help.
Thanks,
Peter