Accurate record keeping for your rental properties is essential for any landlord.
If you have just filed your tax documents for your investment property, make use of the recent experience and discussions with your accountant to plan for the next financial period.
In a dramatic shift in position, John Key is threatening to apply a land tax to foreign-based house buyers if there is evidence they are pushing up New Zealand house prices - and it could apply to Kiwis abroad.
In the world of property investment you can make money either through capital appreciation or positive income returns.
Effectively means from 1st October 2015 tax is payable on any profit on the sale of residential property where the property has not been owned for two years.