Property development and ER

I have always understood property development not to qualify as a trade for ER, but CG 64060 (para 2) suggests property development is a trade for ER.  Am I reading this correctly, and property development is actually a trade for ER?

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That is not how it reads to

TaxationPete |

But it also puts buying land

KarenCCarr |

I'd have considered genuine property development

Steve Kesby |
Steve Kesby's picture

Many thanks for this Steve. 

KarenCCarr |

Index

Steve Kesby |
Steve Kesby's picture

thanks again

KarenCCarr |

Ha, very good allocation dude

anthanheance |