Login

Not a member?

APIA Blog

{{name}} - APIA Auckland Property Investors

27-Apr-2021

Kelvin Davidson: Our ‘top down’ perspective on the Government’s investor tax policy changes

It’s an understatement to suggest that the content of the Government’s housing policy announcement on 23rd March was a surprise to most. In reality, it was a major surprise to all. However, now that the dust has settled a bit, our perception is that the changes won’t have as much impact as first thought. Sure, some landlords will look to sell properties and/or raise rents sharply, but... read more

Q&A

14-Dec-2020

Brightline application for 'private transfer' of inherited properties

This week's question comes from Irene B and the answer is kindly provided by Amanda Watt of Shortland Chartered Accountants. The answer is intended to be for general information only and not tax advice. We inherited a residential property which was also in a Company ( we inherited the company). After a time we sold this property from the company to a trust. The only two directors of... read more

Q&A

29-Sep-2020

Is GST payable on all the properties held by a trading entity?

This week's question comes from long-time APIA member Mary M and the answer is kindly provided by Amanda Watt of Shortland Chartered Accountants. The answer is intended to be for general information only and not tax advice. We have a GST registered property entity set up initially for trading. If that entity is holding more than one property and not all of them are for trading, do we... read more

Guest blog

03-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 more

Q&A

25-Mar-2019

Is remedial insulation deductible?

This week's question comes from Ron (paraphrased): What is the tax treatment for remedial insulation on a rental property where existing insulation is going to be topped up (i.e. part repair part improvement)? Mark Withers from Withers Tsang kindly responds below: The government has not assisted the push for better insulation of Kiwi homes by failing to clarify the capital/revenu... read more

Q&A

25-Feb-2019

Ring-fencing submission FAQs

Some frequently asked questions prompted by our latest call for all investor to put in their submission for the proposed law change to ring-fence rental tax losses are worth sharing. Before we delve in, a reminder that this Thursday is the last day to make a submission to or against ring-fencing tax losses. This is too important an issue for investors to stay silent on. Submission de... read more

Must know

14-Feb-2019

The Government wants to ring-fence rental losses. What can you do about it?

Make a submission of course! Let's be clear. At the time of this piece, ring-fencing is not a done deal. There is still time to push back and affect the Government's legislative agenda. Submission on this issue closes 28th February 2019. It is our opinion that, in its present form, the proposal will have far-reaching consequences many of which are unfavourable to investors, their tenants... read more

Guest blog

07-Jun-2018

Amanda Watt: Removal of negative gearing

I have delayed writing about the removal of the negative gearing, so I could spend more time thinking about what it will mean for property investors. The Government’s issues paper addressing negative gearing came out earlier this year and asked for submissions. Both the NZPIF and APIA made submissions on behalf of members. The proposal outlined in the issues paper is that negative ... read more

Must know

31-Mar-2016

Peter Lewis: Property and tax

A reply to those who claim investors have a tax advantage by APIA Vice President Peter Lewis: Consider the analogy of a Motel owner verses a Residential Landlord. The Motel owner rents accommodation by the night. The Landlord rents accommodation by the month or by the year. The Motel owner is in business. As such, he is required to pay income tax on any profit (his ren... read more

Q&A

21-Mar-2016

Is my bathroom renovation deductible?

We are completely refitting the bathroom in our rental property, including floors, walls, ceiling and all the internal fittings. We are also installing an instant hot water bottled gas system. Is this tax deductible, or is it regarded as part of the house, which I have never deducted? It appears that you are improving the asset beyon... read more

Tags

development cash-flow auckland opes partners property maintenance beginner investor first home buying CCC government TCIT DTI buyer's agent maintenance equity partners Investment tip bankruptcy shower dome heating khh watercare heat pump insulation insurance meth market mindset ask an expert landlord debt enforcement Market report CoreLogic renovation sublease Sponsored post interest deductibility cgt capital gain trespass property management Gluckman legal cost reserve bank letting fee housing package gluckman report speculator legal tax subdivision Standards New Zealand property value tenancy issues television Investor story buying Tribunal case study rent heater warren buffett Must know business RBNZ lvr nzpif wealth creation anz property cycle advice rtaa2020 Q&A short-term rental twg report worksafe building auckland council election2020 financial advisers act rental wof Guest blog rent increase extractor fan election 2017 early termination finance mortgage property apprentice interest rates parry v inglis yield winz wins unitary plan tenancy tribunal skill shortage income rta daikin barfoot and thompson asbestos Question and answer rent control productivity robert kiyosaki structure minor dwelling Case study recycling equity termination ventilation scotney williams data security management water bill clnz HSWA investment strategy principal and interest privacy housing affordability negotiation Property (Relationships) Act apia property rta reform damage commerce commission tenancy services Kris Pedersen Mortgages and Insurance HHS ocr meth contamination education off the plan relationship ring-fencing Landlording rental market house prices shortland chartered accountants banking boarding house investor kiwibuild airbnb How to market rent housing bubble inspection anti-social behaviour sale and purchase Jeff Bezos bad tenant bond will smoke alarm trust warm up new zealand tenant positive cash flow re agent rent arrears brightline cat bond form holiday house letting fixed-term tenancy trademe retaliatory notice HHGA quiet enjoyment sale and purchas buying rules covid-19 Level 4 Holler initio ird LIM Editor's Choice p lab RTAA 2019 interest only return Must knows personal growth