GST & RENTAL PROPERTIES

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For GST-registered buyers, buying a property off a GST-registered seller means that the sale is zero-rated for GST i.e. none is paid by the seller and none claimed by the buyer.

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THE REAL COST OF A RENTAL PROPERTY

man with house and drawing

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…

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TAX RETURN FAQ

Q: Why do I need to complete a tax questionnaire  every year?
A: This is basically to cover your back. It proves that we and you have all asked/answered the right questions, if anyone ever asks. Could come in handy if you are trying to prove your innocence to IRD. 

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RESIDENTIAL TENANCIES LAW CHANGES EFFECT ON LANDLORDS

The Residential Tenancies laws have changed. What effect does the “Healthy Homes Act” have on landlords? The Residential Tenancies Amendment Act will take effect in three main stages: Phase 1: Law changes from 12 August 2020 Transitional and emergency housing: Accommodation provided for these purposes, which is funded by the government or part of a special needs grants…

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