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  • dinesh
    started a topic Depreciation recovery

    Depreciation recovery

    I have two investment properties. One is owned by LTC and another in joint name. I hold 99% share in LTC whereas my wife has 1%. I am earning 80K PA and my wife earns 26K. Due to lower interest rate both properties are now positive gearing (profit PA LTC -10K , joint 20K). To make tax efficient i want...
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  • Will there be any tax when subdividing the family home?

    Hi all,

    My plan is to build 2 houses on the back of my family home which we lived for more than 10 years. We want to subdivide them and sell the existing one and one of the new houses to pay off mortgage and free up some money. Will I have to pay tax on any or both of the houses that we...
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  • Mortgage for Expat Moving Back to NZ

    I am a kiwi expat that will be moving back from Canada and looking to buy a house. I will have between a 20%-75% downpayment delending on how much of our savings we need to use for a down payment.

    1) If I dont have a job yet would I be able to get a mortgage?
    2) If I do have a...
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