Depreciation clawback on sale

[hawkeye]

I think it’s an Auckland Wellington problem. Christchurch still seems to be quite stable but it never went as crazy in the first place.

Rent data I take with a grain of salt until they split out apartments from house with land.

3-4 bedroom houses are being replaced with...

[hawkeye]

I think some of the movement of average or median prices is because there are so many 2 bed apartments coming onto market at more than the price of a 3-4 bedroom house on land with garage. The houses with land are being pulled down to build them.
I think a lot of these statistics are meaningless...

[hawkeye]

From ChatGPT. This is going to get more worrying as time goes on:


1. The Core Idea Being Expressed


The passage argues that:

• Māori identity is not strictly genetic, but instead based on whakapapa (genealogy or descent from a Māori ancestor).
• Because Māori

...

[hawkeye]

We don’t use an accountant. Just used him at the start to set it up 9 years ago and now do our own property as it’s so straight forward usually. He was an old friend of my husbands but retired now and we haven’t seen him for years so he doesn’t feel right about asking him about it.
...

[hawkeye]

We had a house destroyed in the Canterbury earthquakes 2011 which had $110,000 depreciation against it. Our accountant at the time transferred the liability onto our replacement property we bought with the insurance proceeds which didn’t come through until a few years later and we sold the land then...