Was a high percentage of the plumbing business previously associated with new builds?
In contrast, I would assume plumbing repair work is steady for them?...
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Was the appraisal to sell or rent?
Some analysts are suggesting house prices may fall from current levels in selected geographic markets due to high stock levels and cautious buyers. Longer term the trend is up.
Recent data shows rents are flattish in Auckland but going gang...
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Yes, when the left bloc re-enters power we can expect interest deductions to be withdrawn again.
There are two solutions.
First, reduce debt. It is thought that around 1/3rd of landlords in New Zealand have no debt. If you have no debt or little debt, not being able to deduct...
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Sir John Key has a property prediction - House prices could double in the next decade........
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Don’t we all – especially after finding out provisional tax hasn’t been sufficient and thus there’s a fat terminal tax bill.
Your investment properties don’t produce a significant profit?
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Which is a reason for it not to be included in the net worth calculus as i've suggested above....
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Perhaps worth mentioning these figures are in US dollars and include ones primary residence.
I'm personally of the opinion that one should exclude the primary residence from net worth because you need a place to live and the likelihood that you'll liquidate that asset is low....
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