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

Thursday, February 14, 2019

IMAGE CREDIT: Unsplash

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 and the property market as a whole. Whether you agree with this view or not, something this consequential should not have its details and nuances decided on by a selected few. Making a submission to have your views considered is absolutely warranted. You can do so here. The substantive part of the submission template involves only two text boxes. It can't get easier than that.

We have produced this guide to help investors understand the issues and make a submission. The guide includes additional readings for anyone who has a particular interest in the matter. For those investors who are time-poor, we suggest prioritising sections 5 and 6. 

Many investors are rightly concerned about what is being proposed. Remember, you do yourself a disservice if you do nothing and say nothing. We are fortunate enough to live in a country that cares to listen to anyone who is willing to speak up. Don't squander the gift of civic participation. There are tens of thousands of investors in this country, imagine the awesome power we can wield if we all do our part and speak up now. You have until 28th of February to be part of this movement. Make your submission today!

 

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The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

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Mathieu Holt- Managing Director, The Tenancy Practice Service & TPS Credit Control
Through the Association I found the channels and methods to fund the purchase of property I never dreamed about. Grant Brown

All round it has been one of those things Neil and I felt was really worthwhile belonging to. We have learned so much it has just built our confidence in what we are doing.

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Fantastic organisation. The networking opportunities are brilliant and provide us with information and opportunities that cannot be obtained anywhere else. We learn something new at every meeting and we've been in this game for nearly 20 years. Pauline and Gyanen Kumar

I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

Stella Shao

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Stephen Weatherall

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Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

Not only that, the website is a great place for practical advice and useful information. It has now evolved into an important resource for my business.

Talk about value for money! The discounts I have been getting at Bunnings when I present my APIA membership card have more than paid for my annual subscription!

Tim Duffett, Plan A Investments Limited