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Moving into (and rebuilding) my rental property

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  • ShareInvestor
    Freshie
    • Jan 2022
    • 1

    #1

    Moving into (and rebuilding) my rental property

    I have a question I’m sure someone can help with.

    I would like to purchase a property, rent it out for a year or two, and then eventually rebuild/renovate the existing house and move into it.

    am I legitimately allowed (in the eyes of the IRD) to do this, or is this tricky?
  • Perry
    Geriatric
    • Sep 2004
    • 16815

    #2
    That sort of thing is called a change of use and there will be implications. Just what - an accountant could tell you.

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