Professional Services
Featured Stories
-
Can I cancel a Sale and Purchase Agreement after signing?
26 April 2013 3:41 PM | No Comments
Read More -
The hidden costs of buying a house
26 February 2013 6:23 AM | 7 Comments
Read More -
Mixed use of holiday homes
07 December 2012 2:56 PM | No Comments
Read More -
4 Checks to do before buying a property at Auction
06 December 2012 9:49 AM | No Comments
Read More -
Can you buy at Auction without a 10% deposit?
05 December 2012 11:06 PM | No Comments
Read More -
Buying leasehold is a risky business
11 November 2012 11:47 PM | No CommentsThe risks of purchasing leasehold property have again been highlighted in the media this week with apartments at Scene Three on Beach Rd in Auckland City facing an increasing of ground rent of up 470%. This means that owners of a small one bedroom apartment who were paying $1400 per annum could now be paying $8000 to the Ngati Whatua o Orakei Maori Trust
Read More -
IRD focus on property dealings
08 October 2012 12:49 AM | No Comments
Read More
-
accountant Archive
-
Investment Property Basics
Posted on March 14, 2013 | No CommentsBuying property will probably be the biggest financial investment you’ll ever make and because of this you need to surround yourself with people who can help you realise your goals.... -
How Xero Can help managing your Rental property
Posted on February 4, 2012 | 1 CommentMonitoring financials and keeping track of rent payments comming in are apsects of rental property ownership which landlords often struggle with. With all the changes to rental property taxation like... -
Buying Property – Why the IRD wants to know ‘Why?’
Posted on June 21, 2011 | No CommentsIt’s all about intentions and reasons according to the IRD, whether the profits on sale of a property are taxable or not. Not the intentions and reasons for selling so... -
GST implications for Boarding Houses
Posted on May 5, 2011 | No CommentsA recent article in the Property Investor, by Mark Withers, Issue March 2011, (pg.42) has pointed out some inconsistencies for the owners of lodges, boarding houses and large scale accommodation... -
A great new start or the same old, same old (or something in between)?
Posted on April 1, 2011 | No CommentsToday the new tax changes come in for those of us still left in the rental property market. It’s the start of a new financial year and it doesn’t feel... -
Getting the Taxation Fundamentals Right in Property Investment
Posted on March 25, 2011 | No CommentsThe Tax Changes – are they making you worried about your future losses or is it back to fundamentals in property investment. I would say that very few people enter... -
If I elect to become a look-through company (LTC) and then I decide to stop being part of the LTC – what is that decision going to do to my tax?
Posted on March 3, 2011 | No CommentsUnder the current new rules, if you decide to stop being a shareholder in an LTC it will be treated as if you are selling all your interests in the... -
What Tax do I have to pay if I’m Selling a Property for Profit?
Posted on January 28, 2011 | 1 CommentIf you sell your family home and are lucky enough to make a good profit to help with the purchase of your next family home – don’t worry about it... -
Is now the time to invest in Property?
Posted on January 3, 2011 | No CommentsIf you haven’t before taken the plunge and bought an investment property the following pluses and minuses may help you answer this question – do you want the good news... -
Q: Do I have to pay the depreciation back when I sell my investment property?
Posted on December 14, 2010 | No CommentsI have been asked this question so many times so I decided to post the answer here so everybody would have access to it. These are the steps you have... -
Is your Rental Property a Commercial Dwelling for GST purposes?
Posted on December 10, 2010 | No CommentsAs an investment property owner, you probably know the general thrust of the 2010 Budget was to tighten up on property investment taxation. The changes have removed depreciation opportunities for... -
What the new changes to GST mean for the GST Registered Property Investor/Property Developer
Posted on November 22, 2010 | No CommentsHaving just come to terms with the new depreciation rules, the GST-registered Property Investor with a large portfolio may have overlooked the effect of the new GST rules and the... -
Depreciation – To Claim or Not to Claim – that was the question
Posted on November 20, 2010 | 2 CommentsAfter 1 April 2011, rental property investors won’t be able to claim depreciation on their investment if it has a useful life of 50 years or more – the IRD... -
Property Ownership Options Explained
Posted on November 15, 2010 | 2 CommentsWhich property ownership option is right for you? Trusts,Companies, LAQC's, LTC's Limited Partnerships, Joint tenants and tenants in common... -
Brief video about LAQC changes
Posted on November 2, 2010 | 3 CommentsSince my last post about LAQC changes and the 12th of Oct announcement I have received a lot of questions relating to LAQC’s, LTC’s (Look Through Companies), Trusts, Limited Partnerships... -
LAQC , LTC , What’s Next?
Posted on October 22, 2010 | 9 CommentsBackground: The decision was made on 12 April 2010, by the New Zealand government to replace current qualifying company and loss attributing qualifying company (LAQC) rules with full flow-through treatment... -
You don’t own it, but you do!
Posted on October 12, 2010 | No CommentsAs promised in my last post I am going to explain all the new associated rules with simple examples so you can make sure it won’t effect you . This... -
Don’t say YES!
Posted on September 24, 2010 | 1 CommentBefore you say yes to your perfect guy make sure that you have done your homework. If you have an interest in property and investment properties in your portfolio you... -
Warning! If you are signing a contract to purchase a property before end or Sep 2010!
Posted on September 18, 2010 | 3 CommentsStandard residential property sales usually dont have a GST component (as both the Vendor and Purchaser are not GST registered)
Conveyancing Shop Lawyers
Wise Advice Property Accountants