2009
Tough Borrowing Rules impact Property Investors
Filed under: Business Advice, Investment Property
I have been dealing with an ever increasing number of successful property investors who have reached or even passed bank lending thresholds.
Going back two years the recipe was easy. Use other people’s money to buy property. When the property increases in value leverage the equity gained and start again. Income rarely came
I’m so excited … making money is easy! According to industry gurus the recipe for success in today’s Property market is to attend a seminar, pay a mentor $25k to learn their secrets, buy property through a finder (at a mark-up) and then put it into an elaborate Trust structure
2009
Have you been sold an “Interest Rate Swap” Lemon?
Filed under: Business Banking, Interest Rates, Investment Property
One area that has concerned me the past two years is the use of financial derivatives into the Rural and SME Business markets. Bank bill priced term loans with Interest Rate Swaps attached is like putting lipstick on a pig
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
Interest on a loan is tax deductible if that loan has been used to purchase a rental property or it is has been used to pay for renovations or upkeep expenses of a rental property. The best way to claim the most interest possible, is to not only borrow to purchase the rental property,
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First Home | Kiwi Saver Deposit Subsidy
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Credit Crisis | How the Housing-Life Cycle is Broken
June 13th 2010