Rental Property Tax Returns
Rental Property Tax Returns
Do you own a Rental Property? If you do, you will need to file a tax return to either declare your rental profit or claim your rental loss.
Why choose us?
We know Rental Property Returns inside out. Here at Stephen Larsen and Co, we are a dedicated team of property tax accountants..
Our experienced team are here to handle every aspect of your rental property tax. We understand the importance of your investment property and what you can and can't do.
We file your tax returns with IRD and handle every aspect to give you total peace of mind.
What do I do next?
Contact us via the button below or give us a call on 06 357 7011 or 04 232 4122.
What our clients say:
"I am a very small client of Stephen Larsen & Co, but in no way am I made to feel insignificant. My accounts are always prepared meticulously and explained face-to-face in a professional, clear manner."
Roger B. - Sole Proprietor
"Stephen completed my first tax returns in 2006. I am a disorganised person and annually Stephen and Hamish add structure very efficiently to my tax returns. My daughter in Australia phoned a distress call to Stephen after receiving an unhappy letter from the inland Revenue. She was delighted with the service she received and ordered me to deliver chocolates."
Colleen J. - Individual
Q: What information do I need to provide you with?
A: Generally the information we require for the preparation of a rental property return is fairly straight-forward. We need to know the IRD numbers and contact details of the individuals who own the rental property. We need to know how much rent you have received and what expenses you have paid out for your rental property. If you have a mortgage we need to see the mortgage bank statements so we can calculate how much interest you can claim. See the PDF below to see a list of the types of expenses you can claim. If you have just purchased a rental property we need to see the Sale & Purchase Agreements and the Lawyers Statements.
A: You can claim the following as expenses;
- Interest on the Mortgage on the Rental Property
- Accountancy Fees
- Repairs and Maintenance
- Cleaning and Pest Control
- Lawn Mowing
- Mileage to visit property.
- Insurance and Rates
- Bank Fees on your Rental Property Bank Account
- Property Manager's Fees
- Advertising for Tenants
- Rubbish Disposal
See download for the full list of expenses you can claim:
Q: How long will it take?
A: Once we have all the information we can have the returns completed within 4 weeks. If you require your return before a certain deadline, we can prioritise your job without additional cost if the deadline is reasonable.
Q: Can I book an appointment?
A: Yes, and we recommend that you do this. Call us on 04 232 4122 or 06 357 7011 and we can arrange an interview time that suits you.
Q: I come from outside Wellington and Palmerston North, do we have to have a face-to-face meeting?
A: No you don’t. We are more than happy to communicate with you via email, phone or post – whatever works best for you. We service rental property clients New Zealand wide and we also service clients who have moved to Australia and still rent out a house back here in NZ.