Professional Services
Featured Stories
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Can I cancel a Sale and Purchase Agreement after signing?
26 April 2013 3:41 PM | No Comments
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The hidden costs of buying a house
26 February 2013 6:23 AM | 7 Comments
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Mixed use of holiday homes
07 December 2012 2:56 PM | No Comments
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4 Checks to do before buying a property at Auction
06 December 2012 9:49 AM | No Comments
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Can you buy at Auction without a 10% deposit?
05 December 2012 11:06 PM | No Comments
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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
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IRD focus on property dealings
08 October 2012 12:49 AM | No Comments
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TAX Archive
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IRD focus on property dealings
Posted on October 8, 2012 | No CommentsEach year the Inland Revenue Department sets internal goals and decides which industries it will focus its efforts on investigating in the upcoming period. One of this years targets are... -
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... -
Where to Now?
Posted on August 10, 2011 | No CommentsIn all discussions and articles on how rental property investors should deal with their non-productive (read loss-making) properties it comes back to the fundamentals. Those investors who bought at the... -
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... -
What happens to company dividends and capital gains under an LTC?
Posted on April 8, 2011 | 2 CommentsWhile the way the company is elected may change, from LAQC to LTC, the underlying regulations that apply to companies (the Companies Act 1993) are still in existence and don’t... -
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... -
The Economy – back to the Bad Old Days?
Posted on March 4, 2011 | No CommentsAs a Company we’ve seen some pick up in housing market activity. For a lot of clients not directly involved in property related industries this is almost a “Perfect Storm”... -
Property Trade Funding
Posted on February 9, 2011 | 1 CommentFunding for property trading is more specialised that getting a loan through a Trading Bank. Property Traders make their money by buying a property at a price which allows them... -
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 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) -
Losses and Hidden Income!
Posted on September 15, 2010 | No CommentsBecause the economic downturn has left in its wake a fairly stagnant recovery, a number of small to medium business will inevitably be reporting a loss to the IRD for...
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