BIM60040 - Measuring the profits (particular trades): land: trading transactions: deal or investment?
In practice, it will be rare for someone to say that they are starting a trade in property. Intention may be reasonably inferred from all the circumstances at the time. If you identify the badges of trade in a transaction, these will indicate a trading intention.
It is necessary to examine the transaction objectively. Do the facts suggest a 바카라 사이트˜deal바카라 사이트™ or an investment?
If, notwithstanding the purchaser바카라 사이트™s stated intentions, the facts suggest a trading intention it should be argued that the transaction is part of a trade.