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Type: Posts; User: Beano

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  1. Replies
    15
    Views
    959

    Do you know how other trusts have been able to...

    Do you know how other trusts have been able to extend beyond the 80 years ?
    It would be nice to set up a trust that extends to the length of many of the property leases and being able prohibit the...
  2. Replies
    5
    Views
    157

    Assuming you have been a non resident of NZ for...

    Assuming you have been a non resident of NZ for over ten years (UK you said) and not been in NZ for more than 4 yrs then no you do not have to declare the income....
  3. Do most private landlords use realestate agents...

    Do most private landlords use realestate agents or choose the tenants themselves ?
    Which method generally get better tenants ?
  4. You do have to reach a new agreement at the end...

    You do have to reach a new agreement at the end of the 999 years with the others :-)
  5. If you split the title and sell 1 the freehold...

    If you split the title and sell
    1 the freehold separately
    2: the leasehold for the net book value
    Then no there will be no depreciation writeback
  6. Based on a past sale this year maybe Palmerston...

    Based on a past sale this year maybe Palmerston North .
    Twenty one percent net
    Based on future purchase over the next couple of weeks maybe Wellington 9% net rental before tax and interest....
  7. Replies
    59
    Views
    3,362

    1.67 % per month is ok :-)

    1.67 % per month is ok :-)
  8. Replies
    15
    Views
    959

    I agree with Perry I cannot see how the death...

    I agree with Perry
    I cannot see how the death of a person has anything to do with a trust.
    Do you have a copy of the court decesion?
    I am interested in reading it .
    Were there loans by the...
  9. Replies
    6
    Views
    458

    About $30k

    About $30k
  10. Replies
    110
    Views
    22,382

    I think the bulk of the increase in land was over...

    I think the bulk of the increase in land was over over last 2 years .
  11. Replies
    8
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    659

    Skycity unhappy with delays

    The recent SkyCity annual report noted the convention centre and hotel project was the subject of "unacceptable and costly delays" and was proceeding slower than previously indicated.

    Someone must...
  12. Tell them to borrow the money from the bank

    Tell them to borrow the money from the bank
  13. Have you assessed the residential and shop ...

    Have you assessed the residential and shop rental or are they leased?
  14. What location ?

    What location ?
  15. What sort of commercial property ?

    What sort of commercial property ?
  16. Replies
    53
    Views
    5,150

    Repay your loans

    Repay your loans
  17. Replies
    0
    Views
    366

    Small hotel (below 100 rooms) for sale

    There is small hotel for sale in Auckland 96 rooms.
    The property only not the business
    Has any PT brought hotel OTP or existing ?
    It looks like it will be a net yield of 5.6%
    Lease is for 30...
  18. Replies
    8
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    713

    getting some expert advice, as you are asking a...

    getting some expert advice, as you are asking a lot of questions and answers always depend on your exact circumstances ....this is the key ..
  19. Replies
    8
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    713

    As above if normal long term residential, then no...

    As above if normal long term residential, then no GST on the rental but there is GST on sale.
    (This is based on the purchase of the residential with no GST for example a transaction between two zero...
  20. 1)retail banking customers 2) business banking...

    1)retail banking customers
    2) business banking customers
    3) commercial banking customers
    I would say I would be a business customer but I am not certain if this affects the property loans as the...
  21. It is because tax laws are written by lawyers and...

    It is because tax laws are written by lawyers and interpretation often needs a lawyer.
    Eg using Chapman Tripp (Craig Ellife) for tax interpretation.
  22. Yes I just asked the same question this week...

    Yes
    I just asked the same question this week
    LVR under 40%
    Interest cover over two (net rent to interest)
    Registered Valuations no older than 3 years
    (In the net rent calculation I do take a...
  23. Replies
    59
    Views
    3,362

    Yes renting can be smarter than buying Arthur...

    Yes renting can be smarter than buying
    Arthur did well to have a fixed rental for 9,000 years !

    Originally leased in 1759 to Arthur Guinness at IR£45 (Irish pounds) per year for 9,000 years, the...
  24. Replies
    53
    Views
    5,150

    Great going I wish I had your discipline If I...

    Great going
    I wish I had your discipline
    If I did not sell I would own 66 properties today :-(
  25. Replies
    53
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    5,150

    Would you sell ? Eg 1: earthquake rating 2:...

    Would you sell ?
    Eg
    1: earthquake rating
    2: see something you like to buy but lack equity
    3: change of investment type
    4: Interest rate back up to 24pc
    5:a silly offer from a potential buyer
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