Posts Tagged ‘property’
WHY 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 MoreWHAT IS A LOOK-THROUGH COMPANY? (LTC)
What is a Look-Through Company? This structure – also known as a LTC – is a unique business structure in New Zealand that combines the legal benefits of a limited liability company with the tax advantages of a partnership. Introduced in 2011 as a replacement for the Loss Attributing Qualifying Company (LAQC) regime, LTCs…
Read MoreI LOST MY DEPOSIT ON MY RENTAL LAND & BUILD – CAN I CLAIM THAT AS A BAD DEBT?
“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…
Read MoreGOVERNMENT DIRECTION RE RENTAL HOME LOSSES (ARCHIVE)
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(opens in new tab) lead the charge on the 8th of June 2013 with this headline: Who owns…
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