Losses arising from rental properties will not be able to be offset against the taxpayer’s other income. These losses often arise due to interest payable on mortgages on the rental property. … More Rental Property Losses may soon be Ring Fenced?
As most of you will know the LVR restrictions on lending for residential property has eased slightly with an increase in up to 65% being able to be lent on rental properties and more in certain circumstances such as new builds. The sting in the tail for residential investors however is that the Bright line … More New Tax Rules on Residential Property Investments (In Brief)
Recent new restrictions introduced by the Reserve Bank have been put in place in an attempt to put a lid on New Zealand’s spiraling property prices. See how this affects you.. … More New Lending Restrictions – will they affect you?