News
Moved Overseas But Kept Your NZ Home? IRD Hasn't Forgotten About You
Moving overseas can mean a new job, a new country and perhaps better weather. But if you've kept your home in New Zealand and are now renting it out, there's one relationship you probably haven't completely left behind...IRD. If you're receiving rent from a property in New Zealand, that rental income will generally still need to be accounted for here for NZ ...
Rental Property Tax in New Zealand – What Every Investor Should Know
Owning a rental property can be a great long-term investment, but understanding the tax rules is essential. Here are some of the key things rental property investors need to know: > Rental income is taxableThe rent you receive generally needs to be declared as income. From this income, you can deduct allowable rental property expenses to calculate your taxable profit. > Many rental ...
No Changes to the LVR Rules – And for Property Investors, That’s Not a Bad Thing
The Reserve Bank has reviewed its Loan-to-Value Ratio settings and decided to leave them exactly where they are. Sometimes, no news really is good news. For property investors, banks can continue to have up to 10% of their new investor lending at LVRs above 70%. Owner-occupiers also remain unchanged, with up to 25% of new lending able to be above an 80% LVR. So ...
40,000 New Homes Approved – Now That's the Sort of Number We Like to See!
After a few challenging years, here's some genuinely encouraging news for New Zealand. Stats NZ has reported that 40,581 new homes were consented in the year ended June 2026 — up 19% on the previous year. Even better, it's the first time since 2023 that annual home consents have climbed back above the 40,000 mark. That's not just good news for the construction ...
Leverage Other People's Money
What if you could buy a $700,000 investment without having $700,000 in the bank? That's one of the unique advantages of property investing. One of the reasons rental property has helped many people build wealth is something called leverage. Leverage simply means using borrowed money to purchase an asset. For example, you might invest a $140,000 deposit and borrow the remaining amount from the ...