This book is a concise guide to essential information about tax -- information you need to succeed in property -- and how to make sure you're paying no more than you have to, while claiming your legal deductions.
Accessible, written in plain English with lots of practical examples, this updated third edition of Property Tax covers the key issues of taxation affecting real estate investors in New Zealand.
Based on his ten years experience as an accountant and property investor, Mark Withers explains -- in simple language -- areas that can seem complex.
He covers legal structures, GST, depreciation, rental yields, and what can and can't be claimed. He shares his strategies for success as an investor and provides valuable hints for avoiding trouble with the IRD.
Read this book and expand your knowledge of:
- What you can claim
- Structures for ownership, including LAQC's
- GST issues
- When you should sell
- Implications of sale
- Successful investment strategies
- Boarders & Flatmates
- Holiday homes as investments
- Buying property in Australia
- Trading versus investing
- Taxable land transactions
- And much more...
An easy-to-read book on a vital topic for every NZ investor.
Written by Mark Withers, a chartered accountant and director of Withers Tsang & Co Ltd, a firm specialising in tax advice for property investors.
Mark is a popular speaker at Property Investors conferences and writes a monthly column in NZ Property Magazine. He is a successful commercial and residential property investor himself, a founding member of the Auckland Property Investors Association.