30-Apr-2019
APIA Blog
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More roadblocks to ringfencing?
This week's question comes from Tania (paraphrased): Now that submissions have closed for ring-fencing, what happens next? Is there anything else investors can do to stop it from becoming law? Andrew King from the New Zealand Property Investors' Federation kindly replies below: Public submissions on ring-fencing have closed, so our opportunity to have input into the matter has of... read more15-Apr-2019
Kristine King: A 101 on Rent-to-Buy
Rent to buy can be an option to purchase a home when you are not in a position to borrow from a bank and purchase on the open market. However, there are several issues that vendors and purchasers should consider. Securing the Purchaser’s Occupancy The purchaser has a beneficial interest in the property, which gives them a right to caveat the title to the propert... read more11-Apr-2019
How safe is Google Drive for storing banking and investment documents?
This week's question comes from Alex (paraphrased): Is it safe to use Google Drive to store all of my banking and tenancy/investment documents? How often should I change my password? Vijay Nyayapati from Redbrick Technology Limited kindly responds below: Google Drive has been strong on security, provided you follow their recommendations such as having strong passwor... read more10-Apr-2019
Reasonable compensation for early termination
Concerning Hood, Angela Julie vs First National Marlborough Limited [2019] NZTT Blenheim 4180394 The issue What can a landlord reasonably recover from a tenant for terminating a fixed-term tenancy early? The facts - The fixed-term tenancy between the two parties was reduced and terminated early at an earlier hearing by an interim order (presumably under s66(1) of the RTA). - Th... read more04-Apr-2019
Dear Finance & Expenditure Committee,
It is 6 pm and I start work at my second job, the one I am doing to make sure I can provide for my own retirement and I’m not solely reliant on the government to support me. I am a painter, kitchen builder, curtain hanger, and cleaner also known as - property investor. I continue working until about midnight, then go home and get a few hours’ sleep to do it all again tomorr... read more03-Apr-2019
Peter Lewis: What can you deduct?
Given the ongoing publicity and often heated discussions, all landlords should by now know that there are a number of mandatory upgrades and enhancements that will be required for all residential rental properties over the next few years. We have already passed the date when it became compulsory to install smoke alarms in all such properties, and we are very near the time... read more02-Apr-2019
Osaki protection not afforded to Airbnb tenants
Concerning Tobin, Jackie vs CHEN, JIANQING [2019] NZTT Auckland 4172141 The issue Whether tenants are afforded the Osaki protection for damages caused by Airbnb sub-tenants? The facts - Mr Chen rented two apartments from Ms Tobin for a period of time until 21 October 2018. - Mr Chen had never occupied either property and instead, on-leased both as Airbnb rentals with the knowledge and ... read more01-Apr-2019
CGT on family homes with rent-by-room
This week's question comes from Tina (paraphrased): The TWG report recommends that family homes be exempt from its proposed CGT. If I sell a family home which has had rooms rented out over a period of time, would I have to pay CGT on the sale or a portion of the sale? Amanda Watt from Shortland CA kindly responds below: Based on the TWG's final report - you will ... read moreRecent Posts
- Ryan Smuts: Making sense of the RBNZ Nov 2019 FSR
- The Faafoi announcement: 4 things for landlords to do right now
- Summary of proposed changes to residential tenancy
- The Tribunal's position on meth
- Kristine King: Unlawful Premises – Moving Past Anderson v FM Custodians
- Stephen Hegh: Methamphetamine – where are we now?
- Sandra has a problem
- Will increasing the rent give rise to a mandatory obligation to disclose insurance details
- Peter Lewis: On tenancy disputes
- How to deal with your tenants break up?
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