Tax Deductability Question - Future Rental

[Jeremy64]

Hi,

I'm wondering if you could help with a question;

I built a new home which was completed in August 2018, I'm now looking to build a bigger house to live in and rent out the home that was built in 2018.

Do you know what Interest tax deductibility criteria I fit...

[Kraja]

Hi, I'm writing on behalf of a friend who owns a commercial property in Auckland - it's a very specific space in the accommodation industry. The tenant is a large corporation.

This year a market rent review needs to be done. The current annual rent is about $44k +GST.

My...

[risp]

We, the property owners and managers, reached an agreement with exiting tenants: we would claim a portion of the bond paid at the beginning of their tenancy and they, the tenants, agreed to our claim. We duly completed a bond dispute form and it was lodged with the bond centre, i.e. the landlord did...

[Gatekeeper]

It's certainly been a long time since I visited. Hello all :-) What'sthe going rate now for annual accounts, simple set, couple of rentals, everything coded to perfection on Banklink, just need running of depn sched. and a couple of private use jnls and two tax returns. I'm thinking of moving after...

[OnTheMove]

Dunedin which is barely 100k people and doesnt have that much employment has had its prices increase insanely. One property sold for $600k in 2016, is now asking $1.5m, which clearly they wont get, but even if they get $1m it is nuts. It is 1hr 20 from Dunedin. You can buy plenty of homes in Auck for...

[RoseTinker]

Hi,
We have lived in a residential property since 2013, with agreement from the landlord my mother was given permission to sub-let the sleep-out located just meters from the main house to my sister for her and her kids,( the sleep-out is not legally a secondary dwelling), we were charged $550...

[lmckoy]

We've recently had new tenants move into our house in Auckland, and they just purchased a fridge off of Trade Me that keeps tripping the fuse to the kitchen - a friend of mine (with an electrical background) popped in to check out what's going on, and has said that the fridge is an older model, so will...

[reepr]

Tenant wants to change electricity providers, and the new provider requires a smart meter. Tenant is requesting Landlord pays.

1. Whose responsibility is it to pay for meter?

2. If its not the Landlords responsibility would you pay anyway?

Seems to me if the tenant...

[skinhat]

My landlord sold his place to a new landlord and the new landlord has said the old periodic lease with my old landlord will expire soon and wants me to sign a new fixed term lease. The new landlord gave me the new lease and I was expecting the new lease to be 6 months, 12 months but the landlord has...

[Bongi]

I have a few investment properties and I would like to end up with a certain amount of passive income which is my end goal. I am looking for recommendations for a financial planner who can help me achieve this goal within my timeframe. I’m looking for someone who can come up with a
Written...

[Perry]

Have any forumites been through the process described?

16A Landlord must have agent if out of New Zealand for longer than 21 consecutive days

What a bloody nausea!

Interpretation
agent, in relation to any person who is a landlord or a tenant, means an agent...

[Perry]

This item has more than a few ramifications. Starting at the end, why was the Minister not asked to comment? I wonder if Andrew King thought to suggest the media approach the Housing Munster woodenheads for comment. Overall, quite a scary tale that will do nothing to help the housing crisis.
...

[Anonymous0158]

Hi All, my wife and I are new to property investment. We are ready to buy our first rental, we currently live in North Shore and looking at rental in South Auckland. We have narrowed down a property located at Mountfort St, Manurewa. I just want to ask few questions. 1. if that is in good part of Manurewa?...

[Viking]

I need a very good property manager in Rotorua.
After near 20 years and about 10 failed property managers who have come and gone via buy-outs of companies the latest lot, Tremains, have told me to go away. Either only want top of the line( in Rotorua haha, or none at all.)

Has...

[Jenks]

Hiya y’all I’m new to this forum, but I’ve been reading quite a lot of various posts over the past two years I’ve owned rentals and you all seem to have a fair bit of knowledge on the subject of owning properties so I’d like to ask some advice if I may.

I’ve...