Property
BEST OWNERSHIP STRUCTURES FOR INVESTMENT PROPERTY
9 times out of 10 an LTC is the best structure for owning a rental property: “You have the benefit of limited liability, a legal structure that is clearly a separate entity yet under your control, and yet it is treated at tax time like a partnership: the best of both worlds.”‘
Read MoreNOT ALL PROPERTY MANAGERS ARE CREATED EQUAL
Not all property managers are created equal! What do we mean? In the world of property investment, one of the most critical decisions you’ll make is choosing the right property manager. While many companies promise to “take the stress out” of managing your rental property, the reality is that not all property managers are created…
Read MoreARE THE LOSSES FROM MY RENTAL IN NZ TAX-DEDUCTIBLE IN AUSTRALIA IF I’M WORKING THERE? PART 2
does the ATO allow losses from rental property in New Zealand owned by a New Zealand LTC to be offset against personal waged income earned in Australia?
Read MoreREPAIRS TO NEWLY ACQUIRED ASSETS: WHAT’S TAX DEDUCTIBLE?
Repairs to newly acquired assets: what’s tax deductible? When acquiring an asset – including rental property – it’s common to incur repair costs to bring it up to a usable standard. But can those costs be claimed? The Inland Revenue Department (IRD) has released updated guidance on the subject, including a “Question We’ve Been Asked”…
Read MoreWHAT CAN YOU CLAIM ON YOUR INVESTMENT PROPERTY?
What can you claim on your investment property? Investing in property can be a rewarding venture, but to maximize your returns, it’s essential to understand what expenses you can claim. Knowing your deductible costs can help reduce your taxable income, ensuring you keep more of your rental earnings. Below, we provide an overview of claimable…
Read MoreIS HOUSE FLIPPING STILL A THING?
Is house flipping still a thing? House flipping—the practice of purchasing properties, renovating them, and selling them quickly for profit—has long been a popular investment strategy in New Zealand. However, recent years have seen significant shifts in the landscape of property trading. Factors such as legislative changes, economic fluctuations, and evolving market dynamics have reshaped…
Read MoreTRUST VS PARTNERSHIP VS COMPANY VS LTC FOR RENTAL PROPERTY
Note also that in the case of rental property owned by individuals, income or loss can only be unevenly distributed if this is what is on the title.
Read MoreHOW TO BUILD A RENTAL HOLIDAY HOME PORTFOLIO
How to build a rental holiday home portfolio is a question that is on the minds of many. The holiday / vacation rental market offers an enticing opportunity for entrepreneurs aiming to capitalize on the burgeoning travel industry. Launching such a business involves strategic planning, understanding operational nuances, and a commitment to delivering an exceptional…
Read MoreWHY USE A LOOK-THROUGH COMPANY?
Why use a Look-Through Company? In New Zealand, a Look-Through Company (LTC) is a special type of company that allows its income, expenses, tax credits, gains, and losses to be passed directly to its shareholders. Here are the benefits of using an LTC for New Zealand investors: 1. Flow-Through Taxation Pass-Through Income and Losses:…
Read MoreCALCULATE PROPERTY REBUILD COST
Calculate Property Rebuild Cost Calculate Property Rebuild Cost – how and why? Let’s discuss – for a few moments – the importance of regularly calculating the rebuild cost of your property and how to do so. As property investors and homeowners, we often pride ourselves on the value of our assets. Whether it’s a rental…
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