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Type: Posts; User: klauster

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  1. Replies
    266
    Views
    53,904

    Quoted or not Ė Jonette made a fair point. ...

    Quoted or not Ė Jonette made a fair point.

    It's tolerated running everything at crisis level (defined by politicians and supported by the media).

    Regarding housing, Iíve been driving since last...
  2. What “flood to the market” are you talking about...

    What “flood to the market” are you talking about - people looking for a home to rent, to buy or people selling up?
    I’m just watching how the govt goes on with emergency housing on taxpayer’s...
  3. Consider the difference of property as investment...

    Consider the difference of property as investment and property as income generating business.
    The attraction of these investments fading away as the govt doesn’t stop here with CGT (bright-line...
  4. Replies
    17
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    794

    Yes Perry, a voluntary registration with an...

    Yes Perry, a voluntary registration with an agency for a fee or NZPIF would help many landlords to find the “preferred tenant”, but I think that should be a compulsory service by the tenancy...
  5. Replies
    17
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    794

    Now is time for making sure that tenants comply...

    Now is time for making sure that tenants comply with the regulations trained by the tenancy services and by issuing a “Tenant” registration card or something like that.

    The Government had a good...
  6. Yep - push the red button on your "Re-settable...

    Yep - push the red button on your "Re-settable circuit" but not disconnecting the circuit overload - well, a renter's license or a certificate of completed training for tenants might be helpful.
  7. Perry, good point, but itís obvious Ė the healthy...

    Perry, good point, but itís obvious Ė the healthy home standards are a political stand targeting voters, otherwise you would talk about standards for all NZ homes. And if you have standards you would...
  8. Replies
    7
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    423

    By the way - for new chattels you take the...

    By the way - for new chattels you take the purchase price (incl. GST), for trading property without GST
  9. Replies
    7
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    423

    Nothing to do with QV website. Preferred - you...

    Nothing to do with QV website.
    Preferred - you attach to the S&P agreement the chattel list, that can also be created after settlement.
    The chattel list is for you accountant for setting the...
  10. Replies
    7
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    423

    Create a itemized chattel list with second-hand...

    Create a itemized chattel list with second-hand market values.
    Source: book value (if rented before) check out selling websites
    or engage professional services like Valuit
  11. Replies
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    935

    The purpose of using an application form &...

    The purpose of using an application form & process is to select a suitable tenant and informing a chosen tenant about assumptions linked to the TA.
    In most cases it keeps people out of trouble, but...
  12. It isnít a secret that it is easier going to WINZ...

    It isnít a secret that it is easier going to WINZ than making a living from work on lower income - the major problem for households and businesses. The reason that CGT works against any improvements...
  13. Lower interests and higher bank profits – banks...

    Lower interests and higher bank profits – banks doing well!

    The loan is nothing more than an online transaction, the real cash-flow comes from mortgage holder’s interest payments. It’s not much...
  14. Replies
    10
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    935

    For selecting a suitable tenant who meets our...

    For selecting a suitable tenant who meets our letting policy we get this information from the application form.
    Otherwise how can you do an informed decision?

    Example:
    Does your (renter’s)...
  15. Replies
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    8,547

    And again when the GST increases.

    And again when the GST increases.
  16. Replies
    94
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    8,547

    Well, he said “The problem with the expression,...

    Well, he said “The problem with the expression, "capital gains," is that - in many cases - there is no gain” and “an increase in numbers, corresponding to inflation”.

    Show me a realistic...
  17. Replies
    94
    Views
    8,547

    Perry is totally correct by saying people donít...

    Perry is totally correct by saying people donít understand the actual amount of capital gain simply by looking at the difference between buying and selling price. When looking at residential...
  18. Enforcing healthy housing standards with customized TAs

    Detecting breaches of TA is the reason for inspection, followed by giving notice for remedy, and finally eviction before the damage exceeds the amount of bond.

    By meeting the housing standards...
  19. WIN-WIN Of course good landlords will meet the...

    WIN-WIN
    Of course good landlords will meet the healthy home standards.
    The first thing I do is to include a TA clause that tenants need to meet given warm&dry-home requirements by using provided...
  20. Is it worth reading and has anyone ever got it...

    Is it worth reading and has anyone ever got it right?
    The question is how far are buyers willing to go? You can’t compare people’s income in cities with earnings in smaller towns. Look at the...
  21. Lots of things for healthy home standards make...

    Lots of things for healthy home standards make sense, but it isn’t an investor/landlord issue. A healthy home legislation should (must) apply to all residential homes.

    If the govt is serious...
  22. Well, nice speculation! And what is with selling...

    Well, nice speculation! And what is with selling costs e.g. 25k paid to the agent???
  23. The announced healthy home standards for rentals...

    The announced healthy home standards for rentals are mind-blowing - just by taking one example ďthe main living area has to contain 18 degrees on the coldest winter dayĒ. Itís so simple and...
  24. Bob is right, cheating the tax system is...

    Bob is right, cheating the tax system is suicidal. CGT will be an experience not only for property investors, also for the law maker not getting “the” results, and increased costs by tax for...
  25. Do people actually understand the problems with...

    Do people actually understand the problems with CGT?
    Any asset depreciates because of age, wear & tear, incidents like damage etc. For those reasons money needs to be spent for repairs, renovation...
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