2009
Australian and UK Residents – Buying Investment Property
Filed under: Asset Planning, Investment Property
Australia and the UK have very similar tax rules. If an Australian or UK tax resident purchases a rental property in NZ, then they will be liable to pay income tax on any rental profit and to pay capital gains tax. If the rental property makes a loss, then that loss is not allowed to
2009
Do you need an LAQC for your rental property?
Filed under: Asset Planning, Investment Property
To determine the answer to this, you need to know the two main differences between owning your rental property in your personal name and owning your rental property in an LAQC.
If a rental property is owned in your personal name(s), any tax loss is allocated to the owner(s) of the property. If a rental
The current “recession” has created its fair share of sensationalism. We are struggling to understand the truth anymore with everything dished up to us in sound bites designed to grab our attention, not give us the truth!
There is no doubt that lots of people are struggling with big mortgages and higher interest rates. A
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