South Korea will grant up to a two-year grace period on owner-occupancy requirements for multi-homeowners selling properties with tenants, provided contracts are signed before May 9, as the government ends capital gains tax relief for multiple property owners.
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Koo Yun-cheol - 'Capital Gains Tax Hike for Multi-Homeowners with Tenants—Up to 2-Year Grace Period for Contracts Signed Before May 9'
South Korea will grant up to a two-year grace period on owner-occupancy requirements for multi-homeowners selling properties with tenants, provided contracts are signed before May 9, as the government ends capital gains tax relief for multiple property owners.
