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  • NZ Property Investor

    ASSOCIATED PERSONS TRAPS – PART TWO

    Nov 28, 2019 2 minutes

    In this month’s article, which is a continuation of last month’s on associated persons “traps”, I highlight another two traps readers should be aware of.

    TRAP 3 – TAINTING FOR LIFE

    Friends, Jesse and Skylar, are 50% shareholders in a property development company called JS Developments Limited. They are currently developing a property by subdividing it into four and constructing four new dwellings on the four lots.

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