Property
WHAT’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 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…
Read MoreTO LTC OR NOT TO LTC: THAT IS THE QUESTION!
To LTC or not to LTC: that is the question. What do we mean? Watch this interview with Garreth Collard, Principal of EpsomTax.com Limited, Investment Accountants, Auckland, and learn more about: What is an LTC? (see also this article) Is it the same as an LAQC? Who would benefit from setting up an LTC? Should…
Read MoreRESIDENTIAL CARE SUBSIDY AND GIFTING
Previously, the country’s lawyers had advised people to gift no more than $54,000 per couple per year so that they wouldn’t be accused of excessive gifting when it came time to be assessed for a residential care subsidy. If your assets come under certain figures the Govt. will subsidise your rest-home care.
Read MorePOSITIVE GEARING VS NEGATIVE GEARING
Investing in property can be a lucrative venture, but it’s essential to understand the financial strategies involved. Two terms that frequently arise in property investment discussions are positive gearing and negative gearing. In New Zealand, these concepts play a significant role in how investors manage their real estate portfolios.
Read MoreIF I SELL THE FAMILY HOME TO AN LTC IS THE INTEREST TAX-DEDUCTIBLE?
Under present rules i.e. pre 1 July 2024, unless the house is rented to an approved community housing provider or is a “new build”, there is no interest deductibility
Read MoreGOVERNMENT DIRECTION RE RENTAL HOME LOSSES
Government direction re rental home loss: What is it? What will they do? Will losses be ring-fenced or not? There are certainly differing views out there. One thing is for sure: there’s nothing like rumour. Interest.co.nz lead the charge on the 8th of June 2013 with this headline: Who owns all the homes? MPs…
Read MoreSHOULD YOU FORM AN LTC TO OWN YOUR RENTAL INVESTMENT PROPERTY?
However, this legal vehicle does allow you to proportion losses (and income) according to the amount of shareholding that each shareholder has.
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