investors Archives - EPSOMTAX.COM - Property Accountants, Auckland

INLAND REVENUE TAX AUDITS: WHY PROPERTY INVESTORS NEED BETTER RECORDS THAN EVER

Garreth Collard, Senior Property Accountant — Thu, 20 Aug 2026 03:49:53 +0000

Inland Revenue tax audits are increasing as IRD invests more heavily in compliance activity, data analysis, automated tools, and targeted reviews of property transactions. For New Zealand property investors, landlords, developers, and people caught by the bright-line rules, this means Inland Revenue now has a much stronger ability to detect undeclared income, GST errors, and incorrect…

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ARE REPAIRS TO MY RENTAL PROPERTY TAX DEDUCTIBLE?

Garreth Collard, Senior Property Accountant — Thu, 06 Aug 2026 17:49:26 +0000

Are repairs to my rental property tax deductible? It’s a question nearly every landlord asks at some point – usually right after a tenant calls about a leaking roof or a rotten deck. The honest answer has always been “it depends,” but Inland Revenue has just made it a lot clearer exactly what it depends…

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ARE SHARES TAXABLE INCOME?

Garreth Collard, Senior Property Accountant — Tue, 28 Jul 2026 19:02:14 +0000

Are shares taxable income? It’s something that many New Zealand investors ask. The answer depends on how you acquired the shares, what income the shares produce, and why you hold them. A common misconception is that every gain from shares is taxable. New Zealand does not have a comprehensive capital gains tax. However, some share-related…

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NEW BUILD VS EXISTING PROPERTY VS LAND & BUILD

Garreth Collard, Senior Property Accountant — Sun, 07 Jun 2026 02:12:42 +0000

New build vs existing property vs land & build: what is the right investment strategy? Property investment decisions rarely come down to a single “right” answer. One of the most common questions we get is whether it’s better to buy an existing property, purchase a new build, or go through the process of buying land…

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THE DANGERS OF USING AI TO DO YOUR TAX RETURN

Garreth Collard, Senior Property Accountant — Fri, 29 May 2026 03:00:52 +0000

The dangers of using AI to do your tax return? What dangers? Well…. We all know that artificial intelligence has become remarkably accessible. Today, anyone can ask ChatGPT, Gemini, Copilot, Claude, or another AI tool a tax question and receive an instant answer that appears authoritative and well researched. That convenience creates a real danger.…

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ARE RENTAL PROPERTY LEGAL FEES TAX-DEDUCTIBLE?

Garreth Collard, Senior Property Accountant — Mon, 20 Apr 2026 01:45:23 +0000

Are rental property legal fees tax-deductible? It’s something that rental property owners ask from time to time, and it regularly comes up when we are preparing annual accounts. The answer depends on why you incurred the legal cost, not simply that you paid it. Legal fees regularly arise for landlords: They appear during disputes, lease…

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CAN YOU DEDUCT HOLDING COSTS ON PRIVATELY USED PROPERTY THAT IS TAXED ON SALE?

Garreth Collard, Senior Property Accountant — Tue, 07 Apr 2026 03:12:09 +0000

Can you deduct holding costs on privately used property that is taxed on sale? That’s a good question. An example might be where you sold your property, perhaps a holiday home. It is caught by the Brightline Test (currently 2 years) and so the profit from the sale is taxable. You incurred some “holding costs”…

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LANDLORD’S PROTECTION INSURANCE: WHAT IS IT AND DO I NEED IT?

Garreth Collard, Senior Property Accountant — Sun, 29 Mar 2026 03:43:58 +0000

Landlord’s protection insurance: What is it and do you need it? Owning a rental property can provide a steady income stream and long-term capital growth. However, every landlord faces risks that can quickly turn a profitable investment into an expensive headache. While most property owners understand the importance of house insurance, many overlook another valuable…

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HOW A TYPICAL NZ INVESTMENT PROPERTY DEAL WORKS

Garreth Collard, Senior Property Accountant — Sat, 07 Mar 2026 05:56:18 +0000

How a typical NZ investment property deal works… have you ever wondered that? This is a plain‑English, step‑by‑step guide to buying and selling an investment property in New Zealand. It explains the people, the paperwork, the timing, and the terms you’ll hear—so you can feel more confident and work out whether this is something that…

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DEPRECIATION CLAWBACK AND YOUR RENTAL PROPERTY

Garreth Collard, Senior Property Accountant — Sat, 28 Feb 2026 03:20:34 +0000

When a property is sold, ideally you should get a proper valuation done (see here for more info). Work out the difference between their current value and their book value and that will give you the figure that is either clawed back or deducted

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