renovation Archives - EPSOMTAX.COM - Property Accountants, Auckland

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…

The post ARE REPAIRS TO MY RENTAL PROPERTY TAX DEDUCTIBLE? appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

REPAIRS TO NEWLY ACQUIRED ASSETS: WHAT’S TAX DEDUCTIBLE?

Garreth Collard, Senior Property Accountant — Wed, 07 May 2025 03:34:18 +0000

Repairs to newly acquired assets: what’s tax deductible? When acquiring an asset – including rental property – it’s common to incur repair costs to bring it up to a usable standard. But can those costs be claimed? The Inland Revenue Department (IRD) has released updated guidance on the subject, including a “Question We’ve Been Asked”…

The post REPAIRS TO NEWLY ACQUIRED ASSETS: WHAT’S TAX DEDUCTIBLE? appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

IS HOUSE FLIPPING STILL A THING?

Garreth Collard, Senior Property Accountant — Wed, 19 Mar 2025 17:39:17 +0000

Is house flipping still a thing? House flipping—the practice of purchasing properties, renovating them, and selling them quickly for profit—has long been a popular investment strategy in New Zealand. However, recent years have seen significant shifts in the landscape of property trading. Factors such as legislative changes, economic fluctuations, and evolving market dynamics have reshaped…

The post IS HOUSE FLIPPING STILL A THING? appeared first on EPSOMTAX.COM - Property Accountants, Auckland.