• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook

Search:

Type: Posts; User: Rosco

Page 1 of 20 1 2 3 4

Search: Search took 0.03 seconds.

  1. Thread: Interest Rates

    by Rosco
    Replies
    6,035
    Views
    1,080,978

    A possible strategy is to spread. ie 1/3rd at 1...

    A possible strategy is to spread. ie 1/3rd at 1 year, 1/3rd at 3 year, 1/3rd at 5 years, so old saying "don't put all your eggs in one basket".

    But if you had done this over the last few years,...
  2. Thread: Interest Rates

    by Rosco
    Replies
    6,035
    Views
    1,080,978

    JBM, - best rate seems to be 1 year....

    JBM,

    - best rate seems to be 1 year. Aggressive play would be to fix 1 year and hope interest rates go lower. Obviously risk the opposite happens. Generally for those on good incomes and can...
  3. Replies
    5
    Views
    1,707

    Every situation is different. The right...

    Every situation is different. The right structure for each property investor is very fact specific.

    Some people, a Trust is needed. And yes this means extra costs to set up and administer, but...
  4. Replies
    4
    Views
    593

    What is an investing hot spot? Do you want an...

    What is an investing hot spot?

    Do you want an area that has just jumped in value, so will probably be flat for a while?

    Do you want everyone's guess on speculation and the next big thing?

    ...
  5. Replies
    5
    Views
    459

    A few thoughts 1) If agent lets you knock...

    A few thoughts

    1) If agent lets you knock their fee down and you can negioiatate a lower commission, what will happen to your sale price? is the agent going to allow it to also get knocked down...
  6. Replies
    5
    Views
    429

    Home office - if an employee can't claim any...

    Home office - if an employee can't claim any working from home. But employer could reimburse, and that reimbursement is tax free. There is some good information on IRD site, and payments your...
  7. Replies
    3
    Views
    377

    I second that you should get some expert advice....

    I second that you should get some expert advice.

    Also search brightline rules, as this will give you some information on this form of taxing land transactions. NOTE there are other ways you can...
  8. Replies
    5
    Views
    429

    Hi Kipkip, 100% would be unusual. Most...

    Hi Kipkip,

    100% would be unusual. Most people use there computer some for their paye job, some for rentals and some for private. But if you are 100% rentals, then you would look at whether an...
  9. How long is the lease term? if it is only for...

    How long is the lease term? if it is only for say 3 years, do you really want to do this? With a longer lease term, what would happen if the tenant moves out and the chiller has not been fully paid...
  10. Joining your local property investor association...

    Joining your local property investor association is a great idea. Cost around $300, and receive great information, mix and mingle with other property investors, get property investor magazine and...
  11. Thread: Lending

    by Rosco
    Replies
    16
    Views
    1,128

    Have you looked at Resimac or other second tier...

    Have you looked at Resimac or other second tier lenders? - some rates are around 3.39% at the moment

    Have you used a broker?

    Have you split into multiple banks?

    All of these things can...
  12. Replies
    948
    Views
    120,885

    Poll: Hi Perry, The original post that I answered to...

    Hi Perry,

    The original post that I answered to was "The silly thing is that the Govt has bought in an allowance of $5000 for a capital expense write-off for one year to encourage landlords to...
  13. Replies
    948
    Views
    120,885

    Poll: I'm not saying rentals isn't a business. Just...

    I'm not saying rentals isn't a business. Just that they would have intended the $5,000 new asset threshold for business not property

    Ross
  14. Replies
    948
    Views
    120,885

    Poll: They would have been intending this for...

    They would have been intending this for businesses not property.
  15. Thread: Ir4 2020

    by Rosco
    Replies
    2
    Views
    298

    Hi Beano 1) Watch normal companies - is that...

    Hi Beano

    1) Watch normal companies - is that the best structure for you to own properties in? https://cswaikato.co.nz/index.php/latest-news-accounting-hamilton/accountants-hamilton-auckland/153...
  16. Replies
    18
    Views
    894

    Few things - rental should be able to stand on...

    Few things
    - rental should be able to stand on its own two feet, so should be able to pay down a little bit of its own principal
    - personal. Short term could do interest only while covid-19 issue...
  17. Replies
    4
    Views
    419

    Hi Simon, Here is a link to some general...

    Hi Simon,

    Here is a link to some general information about a restructure which helpfully helps.

    Really look at is your current home a good rental? If you were starting again, would you buy it...
  18. Thread: Airbnb

    by Rosco
    Replies
    6
    Views
    769

    Generally the main question is , "Would you want...

    Generally the main question is , "Would you want an airbnb property to be in the GST net, or is it better to keep out?

    - you might buy for $400,000 plus GST. zero rate or claim the $60k GST back...
  19. Replies
    18
    Views
    894

    Hi all, All the above answers are great in...

    Hi all,

    All the above answers are great in theory.

    1) What generally happens in reality if you put an investment property on Interest only?
    - You have one way to get ahead. You need...
  20. How do you know it is below market value? If it...

    How do you know it is below market value? If it is advertised at $600k and you buy at $400k, isn't the market value the $400k you purchased for, therefore you purchased at market value?

    The above...
  21. Kind of. If you are buying with the intention to...

    Kind of. If you are buying with the intention to sell for a profit, then taxable under intention rules. So still would be taxable past the 5 year brightline period.

    Ross
  22. No income is the risk. If you are going to build...

    No income is the risk. If you are going to build on them and hold fine. If you are going to sell them, then you are speculating with no income. So sooner or later if you can't sell, you get into...
  23. What is a good buy today? What would you buy today?

    Great discussion for a Sunday night, what is a good deal today?


    If you were going to buy a rental in the next month, what would you consider?


    1) 10% below market value?
    20% below market...
  24. If you borrow 100%, and on interest only, it is...

    If you borrow 100%, and on interest only, it is likely to be quite negative. And that is with interest rates at 3%.

    So I would say 4% is bad, but does depend on your overall circumstances and the...
  25. Half a new roof - generally a repair anyway half...

    Half a new roof - generally a repair anyway
    half a bathroom reno - generally a repair anyway. New toilet, vanity, shower would all be classed as building, therefore a repair.
    quarter a new kitchen...
Results 1 to 25 of 500
Page 1 of 20 1 2 3 4