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Tough times
Tough times never last, but tough people do. Do you have any advice on how to thrive in our business when facing the biggest challenge to hit?...
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APRIL 2021 Have the new rules had any effect yet?
APRIL 2021 Have the new rules had any effect yet?
I've got conflicting reports of how the new rules have affected auctions and the housing market in general.
Some say things are quiet, some say things have never been better.
I'm getting the sense...Last edited by McDuck; 08-04-2021, 07:57 AM.
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This is laughable at best
Have you read this latest - quoting AKL Uni Professor of Economics - who says....
We're almost hysterical
Andrew King did a good job in response. Who listens to academics anyway - they are so far removed from the real world.
cheers,
Donn...
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Australian Mortgage Expenses
Will the interest deductibility changes affect my Australian Rentals? I am an NZ tax resident so lodge a return with ATO and IRD. Will I have to ‘add back’ interest expenses on my IRD return? Or does the IRD allow interest as an expense for an overseas rental? I expect not but hope so....
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Repeal of interest deductions - fundamentally wrong
I can understand the capital gain tax increase (or bright-line if you want a more palatable term!) as most countries have some form of capital gains tax but taking away interest deductions is fundamentally wrong.
Owning an investment property is a business (as stated by the IRD). Businesses...
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Tax change. Interest can no longer be offset. Who's effected and how?
Tax change.
(Unconfirmed rumor).
Interest can no longer be offset against income from your day job.
Who's affected and how?
Short term cashflow ok.. rent still comes in.
Long term asset accumulation ok ...Capital gain still happens....