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Older Activity
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Yesterday, 07:09 PM
Are you over thinking things?
I presume you have been together more than 3 years.
If your assets are the same, your incomes are the same, what...
4 replies | 166 view(s)
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06-12-2019, 08:09 PM
Thanks.
I find the rules a bit stupid. Idea is to stop you claiming a rental loss against personal or business income. So why can't rental...
3 replies | 309 view(s)
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06-12-2019, 10:19 AM
Ring Fencing Basics and Eleven Examples
As many of you will know, Ring Fencing comes in from 1/4/19. This basically means that you cannot...
3 replies | 309 view(s)
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27-11-2019, 01:19 PM
As I put in my comment, would this apply to holiday home? If they want to use it for 3 months which I presumed was for a holiday home, then can they...
9 replies | 520 view(s)
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26-11-2019, 09:52 PM
Small thing, there isn't capital gains tax!
But you can be taxed under lots of other provisions such as subdivisions, intention, rezoning, builder...
6 replies | 342 view(s)
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26-11-2019, 09:48 PM
I'm presuming this is a holiday home.
If so, is wanting to use the property as a holiday home over summer a reason you can give to cease the...
9 replies | 520 view(s)
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20-11-2019, 02:15 PM
Hi Henry,
it depends.
How much is chattels depreciaton, how much is building depreciation?
What is the building really worth now vs the...
2 replies | 192 view(s)
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17-11-2019, 10:42 PM
I'm not great on tenancy laws, but from talk on facebook groups, this is them sliding it in. Expected May / June 2020.
Ross
69 replies | 3285 view(s)
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17-11-2019, 05:07 PM
So just do it once every 12 months for a bigger rent increase! I can't see the benefit for tenants in this rule change, and I also can't see the...
69 replies | 3285 view(s)
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17-11-2019, 05:06 PM
I'm pretty sure they are looking at turning fixed tenancies into periodic, so you would also need a reason to cease fixed term tenancies!
69 replies | 3285 view(s)
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17-11-2019, 08:47 AM
I actually don't think these are that bad
- 63 days notice if selling. Just means have to be organised and plan!
- 3 compliants within 90 days,...
69 replies | 3285 view(s)
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17-11-2019, 08:44 AM
Hi,
Xero is very common as most accountants also use it. Through an accountant it is only $12 per month for a non GST cashbook.
Xero should...
4 replies | 270 view(s)
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14-11-2019, 08:04 PM
Hi,
By your question it sounds like you already know the answer, but just don't want to admit it. Generally costs related to preparing for sale...
2 replies | 293 view(s)
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12-11-2019, 10:47 PM
Hi Andrew,
Is your personal house a good rental?
I'll put it another way. If you didn't own the property, and you were looking to buy a...
4 replies | 295 view(s)
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11-11-2019, 12:44 PM
You will need to check that before relying on my tenancy advice! As I put, I'm not great on it and I would ask someone else!
7 replies | 738 view(s)
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11-11-2019, 08:20 AM
Hi,
I'm not great on tenancy law, so hopefully someone else will add some more or correct me.
Who owns the property? If a Company, then I'm not...
7 replies | 738 view(s)
About Rosco
- Biography:
- Coombe Smith Chartered Accountants in Hamilton is proud to specialize in property accounting. We are involved with a large number of property clients ranging from small investors to large developers and property traders.
We find that Property and Business intertwines. Often clients make cashflow through business, and then use this cashflow to create wealth through Property.
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- Hamilton
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- Property, Wakeboarding and Snowboarding
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Ross Barnett - Coombe Smith Property Accountants
Proud to give the best property advice for over 13 years.
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