Are you worried about possible tax changes in the May budget? Especially ring fencing property losses?
Personally I do not think the government will bring in ring fencing of property losses, but what happens if they do? How will this affect your weekly cashflow if you can no longer get a special tax code or tax refund? Also short term, what could happen to property prices?
I’ve been working on possible solutions for the last few weeks and have finally come up with the basic outline for an idea that could save the average investor around $50 per week, with the opportunity for this to increase further if rents increase. In my opinion the average investor receives around $100 per week back from the government, so my idea could halve the loss of cashflow for many investors.
Before I spend a whole lot of time and energy trying to finalise this concept, I’m interested in hearing from unbiased investors (ie not my own clients who may be biased) to see if they are interested in a possible solution to ring fencing property losses. So if you could send me an email if you would like to know more and pass this email onto any property investors you might think are interested. Be warned that I will come back with a number of questions, so you might have to give me a little bit of basic information.
To start with, I would like to focus on Auckland and Waikato properties. However, if you are strongly concerned about this issue please feel free to email me.
My email address is [email protected]
Personally I do not think the government will bring in ring fencing of property losses, but what happens if they do? How will this affect your weekly cashflow if you can no longer get a special tax code or tax refund? Also short term, what could happen to property prices?
I’ve been working on possible solutions for the last few weeks and have finally come up with the basic outline for an idea that could save the average investor around $50 per week, with the opportunity for this to increase further if rents increase. In my opinion the average investor receives around $100 per week back from the government, so my idea could halve the loss of cashflow for many investors.
Before I spend a whole lot of time and energy trying to finalise this concept, I’m interested in hearing from unbiased investors (ie not my own clients who may be biased) to see if they are interested in a possible solution to ring fencing property losses. So if you could send me an email if you would like to know more and pass this email onto any property investors you might think are interested. Be warned that I will come back with a number of questions, so you might have to give me a little bit of basic information.
To start with, I would like to focus on Auckland and Waikato properties. However, if you are strongly concerned about this issue please feel free to email me.
My email address is [email protected]
Comment