J
jimexton
New Member
Hi
I am an overseas investor, renting out a R$150,000 condo. rental income is R$8,000 pa.
on the thread 'Start Here- Absolute Basics of Investing in Brazil' it says tax returns are only needed for properties valued at R$300,00+ (item 6).
as my condo is valued at only R$150,000, i assume i do not need to file a return. do i need to pay any CGT on my rental income?
thanks
james
I am an overseas investor, renting out a R$150,000 condo. rental income is R$8,000 pa.
on the thread 'Start Here- Absolute Basics of Investing in Brazil' it says tax returns are only needed for properties valued at R$300,00+ (item 6).
as my condo is valued at only R$150,000, i assume i do not need to file a return. do i need to pay any CGT on my rental income?
thanks
james