Asset Protection & Estate Planning

20210402_113943

Tax Changes for Residential Investment Properties

The current Labour government has announced some radical changes to New Zealand’s tax legislation for residential investment properties. It has declared it wants to remove “tax loopholes” that gave an unfair advantage to existing investment property owners. Government proposed the legislation soon after Real Estate Institute of New Zealand (REINZ) announced the country’s latest house […]
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new-trusts-act-2019

Trusts Act 2019 – Trustee Responsibilities

Several important changes to how trusts operate now apply after the new Trusts Act 2019 (“Act”) took effect from 30 January 2021.  The Act imposes more obligations for settlors, trustees and beneficiaries.  Trustees should take action.  They should review the trusts they are responsible for to ensure they operate as intended and comply with the […]
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Rental Property Accounting Basics

  Do you own a rental property or even a portfolio of them? Do you use a rental property accountant or leave your administration and bookkeeping to chance? For many property investors, day to day bookkeeping and administration is something that is often overlooked. Like most investments, having good accounting processes is essential to keep […]
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Why Ring-Fencing will Punish Residential Property Investors

This article discusses how the proposed legislation to “ring-fence” residential rental losses could negatively affect residential property investors. The current governments is committed to pursue it pre-election promise to “ring-fence” rental losses. It apportions blame for the housing price inflation squarely on residential property investors and speculators. Its policy ignores the true cause of house […]
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