EPSOMTAX.COM
  • HOME
  • ABOUT
    • IN THE NEWS >
      • OWNERSHIP STRUCTURES
      • TURNING SKILLS INTO MONEY AND A BETTER LIFESTYLE
    • PARTNERS
    • SERVICES
    • TESTIMONIALS
    • WHY USE A PROPERTY ACCOUNTANT
  • FAQ
    • AML/CFT
    • ANTI-CORRUPTION
    • AUDIT SHIELD
    • DATA PRIVACY
    • FORMS
    • GETTING STARTED IN INVESTMENT PROPERTY
    • HOW TO CALCULATE RENTAL YIELD
    • INFO FOR NEW INVESTORS
    • INVOICES
    • NEW VS OLD VS LAND&BUILD
    • TAX RETURN FAQ
    • TAX POOLING
  • CONTACT
  • BLOG

WE'RE BLOGGING TODAY

6 TIPS FOR BUYING A HOLIDAY HOME

1/24/2023

0 Comments

 
Here are our 6 tips for buying a holiday home:
 1.    Location is key: When it comes to rental properties, location is everything. Look for properties in areas with strong rental demand and good potential for appreciation.
2.    Do your research: Before making any investment, it's important to thoroughly research the market and the specific property you're considering. Look at factors like rental income, occupancy rates, and local economic conditions.
3.    Be prepared for the long-term: Rental properties can be a great long-term investment, but they also require a lot of work and attention. Find a good holiday home property manager and cultivate the relationship. You are both in it for the long haul.
4.    Have a plan for vacation rental: When it comes to beach or holiday homes, it's important to have a plan for how you'll use the property when you're not there. Will you rent it out to vacationers or use it as a personal getaway? Knowing how you'll use the property will help you make informed decisions about things like location and amenities.
5.    Invest in amenities that renters want: Amenities that renters are looking for include things like high-speed internet access, a heat pump and off-street parking. Investing in these amenities can increase the appeal of your property and help you command higher rents.
6.    Think about the future: As much as you are thinking about the present, don't forget to think about the future. Evaluate the current market trends, and anticipate what could happen in the future. This will help you make a more informed decision and avoid costly mistakes.

Want to talk about tax? Wealth creation? Planning for retirement? Contact us on 099730706 line 2 or email us.
Picture
0 Comments

Investing in New Zealand Property

1/6/2023

0 Comments

 
Investing in property in New Zealand can be a good opportunity to generate rental income and potentially earn long-term capital appreciation.

​Here are some things to consider when investing in property in New Zealand:
  1. Research the market: It's important to research the local property market to find out what types of properties are in demand and where they are located. You can also research the historical performance of the market to get an idea of how the value of properties has changed over time.
  2. Consider the location: The location of the property is a key factor to consider when investing. Look for properties in areas that are likely to experience strong demand, such as those close to amenities and transport links.
  3. Determine the type of property: There are different types of property you can invest in, such as houses, apartments, townhouses, and commercial properties. Consider the type of property that will best suit your investment goals and budget.
  4. Calculate the costs: Investing in property involves upfront costs such as the purchase price, as well as ongoing costs such as mortgage payments, insurance, maintenance, and property management fees. Make sure you have a clear understanding of all the costs involved so you can budget appropriately.
  5. Seek professional advice: It's a good idea to seek the advice of a financial advisor or property investment specialist before making any investment decisions. They can help you understand the risks and potential returns of investing in property and provide guidance on the best course of action for your specific circumstances.

NEXT STEPS

Contact us on 0800890132 line 2, or via our contact form. We'll help you evaluate your situation and connect you with the right people.  
Picture
0 Comments

    Garreth Collard

    Accounting for your rental residential investment property; specialised property tax advice.  Buy me a coffee! 

    View my profile on LinkedIn

    Archives

    January 2023
    August 2022
    July 2022
    June 2022
    May 2022
    February 2022
    December 2021
    November 2021
    October 2021
    June 2021
    May 2021
    April 2021
    October 2020
    September 2020
    June 2020
    April 2020
    March 2020
    September 2019
    February 2019
    December 2018
    September 2018
    June 2018
    April 2018
    January 2018
    December 2017
    November 2017
    October 2017
    August 2017
    July 2017
    June 2017
    May 2017
    March 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    April 2016
    March 2016
    January 2016
    December 2015
    November 2015
    October 2015
    July 2015
    June 2015
    March 2015
    February 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012

    Categories

    All
    Accounting
    Airbnb
    Companies
    Compliance
    How To
    Investment Property
    Ltc
    Overseas
    Tax Planning
    Trusts
    Video

    RSS Feed

email  Ph +64 9-973-0706  NZ Toll-free 0800-890-132  Fax +64 28-255-08279
Complaints   Privacy Policy & Disclaimer   Unsubscribe   Refunds   English   español
Information provided on this website is not intended to provide an exhaustive or comprehensive statement of tax law, nor is necessarily accurate and therefore should not be used as a substitute for considered written advice. All information published is subject to our disclaimer, terms and conditions, code of ethics and data privacy policy. All prices quoted are in NZD and exclude GST unless otherwise stated. Please note that fixed price fees do not include the cost of responding to an IRD Audit or Risk Review; please see FAQ for more info.

​© Copyright EpsomTax.com Limited 2013-2017. All rights reserved. EpsomTax.com is a registered trademark of EpsomTax.com Limited. All other registered trademarks or trademarks referred to on this website are the property of their respective owners. Use of this website is governed by the laws of New Zealand.
eWAY Payment Gateway
  • HOME
  • ABOUT
    • IN THE NEWS >
      • OWNERSHIP STRUCTURES
      • TURNING SKILLS INTO MONEY AND A BETTER LIFESTYLE
    • PARTNERS
    • SERVICES
    • TESTIMONIALS
    • WHY USE A PROPERTY ACCOUNTANT
  • FAQ
    • AML/CFT
    • ANTI-CORRUPTION
    • AUDIT SHIELD
    • DATA PRIVACY
    • FORMS
    • GETTING STARTED IN INVESTMENT PROPERTY
    • HOW TO CALCULATE RENTAL YIELD
    • INFO FOR NEW INVESTORS
    • INVOICES
    • NEW VS OLD VS LAND&BUILD
    • TAX RETURN FAQ
    • TAX POOLING
  • CONTACT
  • BLOG