Posts Tagged ‘investors’
THE REAL COST OF A RENTAL PROPERTY
WHAT’S THE REAL COST OF A RENTAL PROPERTY? Specifically, what’s the real cost of rental property compared to money in the bank or other investments? What what return will you get? They are both good questions. Let’s do some math: Let’s say you own a rental investment property that rents for $600 per week. That’s…
Read MoreUNDERSTANDING FINANCIAL STATEMENTS
It is a statement of what your business/company owns (assets) and owes (liabilities). Assets include things like bank accounts, inventory (stock) property, cars, computers, money owed to you (debtors) etc.
Read More9 INVESTMENT STRATEGIES
9 investment strategies that we think you’ll like. What will get you the best return while still maximizing tax deductions? With the government’s introduction of laws slashing interest deductions on existing rental properties, where can you as an investor put your money? Will one of those 9 investment strategies work for you? Not too sure?…
Read MoreGOVERNMENT RENTAL PROPERTY TAX CHANGES 2021
SUMMARY OF CHANGES Changes announced January 2021 by the government: Note that this law was very much “being made up as they go along” so at the time of announcement, lots of things were unknown, or not decided on. Subsequently, IRD have clarified most questions and rewritten some poorly-worded tax law. HOW DOES THIS AFFECT…
Read MoreINFO FOR NEW INVESTORS
INFO FOR NEW INVESTORS. Common questions if you are new to property investment. So you’ve bought an investment property. Now what?
Read MoreHOW TO CALCULATE RENTAL YIELD
So, we just showed you how to work out the Gross Yield. How do you work out the Net Yield, that is, the Yield post- or including expenses?
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 MoreWHAT IS AUDIT SHIELD INSURANCE?
WHAT IS AUDIT SHIELD INSURANCE? It’s an insurance to pay your accounting and legal costs if IRD start asking questions
Read MoreIS NOW A GOOD TIME TO BUY A RENTAL PROPERTY?
Are you thinking about buying a rental property but not sure if now is the right time to dive in? There’s nothing like a worldwide pandemic to give you wobbly legs at the thought of making a big financial investment! It may seem like a precarious time to buy a rental property due to Covid-19 and political uncertainty around landlord requirements. However, there are other drivers which may indicate that it is a good time to enter the property market or expand your portfolio.&nbs […]
Read MoreRENTAL PROPERTY: WHAT RECORDS DO YOU NEED TO KEEP?
What records do you need to keep for your rental* property? Here is a general guide. Note that this list assumes you are using a property manager. All costs are for the 12 months preceding 31 March:RENTAL PROPERTY Copy of Sale & Purchase Agreement (if 1st year)Total Rent ReceivedInsurances, e.g. Landlord Protection, Mortgage Protection, HouseLegal feesProperty Management fees (if applicable)Rates – water and CouncilMaintenance, including any purchases e.g. heat-pumpRubbis […]
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