Structures
RENTAL PROPERTY ACCOUNTANT AUCKLAND
What may have been applicable last year could be completely different today. For landlords, staying abreast of these changes is not just advisable—it’s essential.
Read MoreBEST RENTAL PROPERTY OWNERSHIP STRUCTURE
Many clients ask us “what’s the best structure for my investment property?” We set out here to outline some of the pros and cons.
Read MoreTRUST VS LTC FOR RESIDENTIAL INVESTMENT PROPERTY
Trust vs LTC for residential investment property – which is better?
Well, it depends if the property is negatively or positively geared, i.e., does it make a loss or a profit.
Read MoreGETTING STARTED IN INVESTMENT PROPERTY
Oftentimes, an LTC is the best way to go. However, there are other factors to consider: Are you single or with a partner? If you have a partner, are you both in the same tax brackets?
Read MoreCHANGING SHARES IN LTCS: CONSIDERATIONS
Let’s say that the company owes the shareholders $150,000. This is tracked in the Shareholders Current Account, and is a liability (debt) of the LTC…
Read MoreWHAT IS A LOOK-THROUGH COMPANY? (LTC)
What is a Look-Through Company? This structure – also known as a LTC – is a unique business structure in New Zealand that combines the legal benefits of a limited liability company with the tax advantages of a partnership. Introduced in 2011 as a replacement for the Loss Attributing Qualifying Company (LAQC) regime, LTCs…
Read MoreHOW DO YOU MAKE A COMPANY INTO A LOOK-THROUGH COMPANY?
How do you make a company into a Look-Through Company or an LTC? HOW TO It’s reasonably straight-forward. Once the company is incorporated (click here if you want us to do this for you), you then complete and send off an IR862: Section 1 is fairly self-explanatory, although you may come unstuck at the part where it asks…
Read MoreWHAT’S THE BEST WAY TO STRUCTURE OUR MORTGAGES?
You obviously want to know: What’s the best way to structure our mortgages? For 5 tips: scroll down. But let’s assume you have Your own home, with a mortgage A rental property, with a mortgage What do you want to achieve? In order of priority: Pay off the family home Ummm, I haven’t thought much…
Read MoreSHAM TRUSTS: COULD YOUR FAMILY TRUST BE A SHAM?
How a trust might become a sham: A trust that starts off as genuine and legitimate – the trustees are all involved in decision-making – might become a sham if one trustee in effect hijacks the rest. What do we mean?
Read MoreWHICH OWNERSHIP STRUCTURE SHOULD I USE FOR MY RENTAL PROPERTY? [VIDEO]
If you’ve got 5 minutes, make yourself a hot cuppa and enjoy this video presentation by Garreth Collard, Principal of EpsomTax.com in which he addresses APIA members on the pros and cons of the most common Rental Ownership Structures. Click here for a copy of the handout being used at the presentation. ”You mentioned of transferring the share…
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