Posts Tagged ‘advice’
BEST 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 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 MoreCAN I CLAIM MY HOLIDAY AS A RENTAL EXPENSE?
You have a rental property. Can you claim your holiday as an expense? If you spend time travelling as part of your business you can claim business travel as an expense. A good way to prove the business portion of your travel expenses is by keeping a diary of your travels.In addition to keeping invoices, receipts and tickets you should also keep details of:the date of the tripyour itinerarythe cost of car hire, and air, bus and taxi faresthe cost of accommodation, meals and incidentalsthe t […]
Read MoreTHE NUMBER 1 MOST EFFECTIVE TACTIC FOR SAVING MONEY
The number 1 most effective tactic for saving money. What is it? First, some background: Most New Zealand property investors spend a lot of time thinking about how to make money. They analyse rental yields, compare mortgage rates, review maintenance costs, and search for the next investment opportunity. Far fewer investors spend time thinking about how…
Read MoreDEPRECIATION OF CHATTELS IN YOUR RENTAL INVESTMENT PROPERTY
DEPRECIATION OF CHATTELS IN YOUR RENTAL PROPERTY. Depreciation of Chattels: what is depreciable? what is not?
Read MoreDEPRECIATION AND CHATTELS: WHAT TO DO?
Depreciation and chattels: what to do? It’s one of the most common sources of confusion for rental property owners, and the questions tend to come up at very specific moments. For example: you’ve just settled on a property, when you’re about to renovate, or when you’re weighing up a sale or an ownership change. Below…
Read MoreHOW DOES MONEY WORK?
How does money work? Money affects almost every decision you make as a property investor. It influences whether you buy a rental property, invest in KiwiSaver, contribute to a managed fund, or consider emerging assets like cryptocurrency. Yet many people spend years earning money without fully understanding how it works. Understanding the answer to the…
Read MoreWHY USE A PROPERTY ACCOUNTANT
he field of investment property accounting has become more and more complex as more and more laws have been passed in the last few years,
Read MoreHOW IS FOREIGN-SOURCED INCOME TREATED IN SINGAPORE?
How is foreign-sourced income treated in Singapore? If you live and work in Singapore and own a rental property back in New Zealand, the tax position on each side of that arrangement is genuinely different. Getting it right means understanding both. 30-Second Read In New Zealand, you still need to file a tax return for…
Read MoreLOST DEPOSIT RENTAL PROPERTY TAX DEDUCTIBLE NZ?
“lost deposit rental property tax deductible NZ.” That’s probably what you typed into the search engine that lead you here. If so, you have come to the right article. But first: 30-Second Summary If a developer goes bust and keeps your deposit on a land-and-build deal, the short answer is: no, you can’t claim it…
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