Nereus wrote:.....3. Always thought that it was 5 years?
You're right Nereus per the below article. Seems she was given bad info. If officials don't know the score, who does?

Pete
http://www.bangkokpost.com/news/investi ... erty-sales
".......Sometimes the property is exempt from specific business tax. It's exempt when:
- The seller has held the property for more than five years.
- The seller's name has been registered in the blue book (the official document showing a registered address in Thailand) for at least a year.
Assuming the property in our example is not exempt from specific business tax, the land office fees would be 2% of 10 million baht, the appraised price, or 200,000baht (10,000,000 x .02 = 200,000). The specific business tax would be 3.3% of the actual purchase price, or 495,000 baht (15,000,000 x .033= 495,000). The total payable to the land office for these would be 695,000 baht (200,000 + 495,000). These are, of course, in addition to the amounts withheld for the seller's income tax mentioned in an earlier column.
There's an additional fee, for stamp duty, which will be discussed next week."