COMMON RENTAL OWNERSHIP STRUCTURES [VIDEO]

See this insightful 3-minute video presentation by Garreth Collard, Principal of EpsomTax.com in which he explains the nuts and bolts of the most common rental ownership structures to APIA members. Click here for a copy of the handout being used at the presentation.   Disclosures: EpsomTax.com does not claim endorsement by APIA.  Garreth Collard was invited to speak to…

Read More

HOW TO MAKE A COMPLAINT

It is our aim to provide you with premium customer service. Yes, sadly we don’t get it right 100% of the time. So, here is our complaints procedure: That’s it. We try and make it as easy as possible for you to complain. Thanks in advance! FEEDBACK – GENERAL ​If you would like to give…

Read More

TO LTC OR NOT TO LTC: THAT IS THE QUESTION!

Watch this interview with Garreth Collard, Principal of EpsomTax.com Limited, Property 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 you set up one for your investment rental property? Partnership or LTC: which is better? …

Read More

HOW IS FOREIGN-SOURCED INCOME TREATED IN MALAYSIA?

We contacted the Inland Revenue Board of Malaysia (IRBM) with this scenario and these questions: “Let’s say I live and work in Malaysia, but I own a rental property in New Zealand. A tax return will be filed for this property with the Inland Revenue Department of New Zealand. My questions are: If this property generates losses,…

Read More

HOW IS FOREIGN-SOURCED INCOME TREATED IN SINGAPORE?

Let’s say that you live and work in Singapore.  You own a rental property here in New Zealand.  How do you handle this from a tax perspective here in New Zealand, and in Singapore?  Does it make a difference if the property is negatively or positively geared? New Zealand As a rental property owner, you will…

Read More

FINDING THE RIGHT SUBURB TO BUY IN

Where is the next Onehunga?  Where will the next Ponsonby be?  Ah, that’s the big question.  Happily, there’s a web resource to help you.   It’s a great website, packed with information and has a cool name: hometopia.co.nz   Want to find the right school zone? The right distance from the CBD? The right price range?  There’s a…

Read More

6 MINUTES ON DEPRECIATION

If you own rental property, one of the things your accountant will look at is depreciation. If you’ve got 6 minutes and 5 seconds, then watch this animated video from Inland Revenue.

Read More

FAMILY TRUST ACCOUNTING – WHAT DO I NEED TO DO?

How and why should you account for your family trust?  The first thing to consider is that there are whole teams – firms – of lawyers dedicated to unraveling and breaking apart trusts.  “What?!  Who would do such a thing?” you might ask. Lots of people: MSD, IRD, WINZ, creditors etc.  They may try to…

Read More