04-Jun-2019
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10-May-2019
Peter Lewis: On the shortage of residential rentals
All the heat, light and thunder of the Capital Gains Tax controversy has faded away into the sunset, leaving only the whimpering and much disillusioned harping from the Green Party faithful in its wake. Fortunately, I did not devote too much of my time to agitating against the proposals as it seemed evident to me that the whole exercise was a political ploy with the usually predet... read more
30-Apr-2019
Kelvin Davidson: The tax ring-fence is unlikely to cause a sea-change in investor behaviour
From April 1st the tax ring-fence for rental property losses needs to be accounted for by investors. It is currently going through the ‘bill to law’ process, which starts with a select committee and then ends up before Parliament for the final stage. In other words, although it’s not law just yet, it looks pretty likely to pass and once approved will apply to the current tax year (end... read more
15-Apr-2019
Kristine King: A 101 on Rent-to-Buy
Rent to buy can be an option to purchase a home when you are not in a position to borrow from a bank and purchase on the open market. However, there are several issues that vendors and purchasers should consider. Securing the Purchaser’s Occupancy The purchaser has a beneficial interest in the property, which gives them a right to caveat the title to the propert... read more
03-Apr-2019
Peter Lewis: What can you deduct?
Given the ongoing publicity and often heated discussions, all landlords should by now know that there are a number of mandatory upgrades and enhancements that will be required for all residential rental properties over the next few years. We have already passed the date when it became compulsory to install smoke alarms in all such properties, and we are very near the time... read more
07-Mar-2019
Shaun Peacock: Building consents - a FAQ
In light of recent smack-down of unconsented work being carried out in Auckland, we thought it would be a great opportunity for all of us to learn about building consents, CCCs, inspections and all that fun stuff. Big thank you to Shaun Peacock and the team at Duncan King Law for providing excellent answers to these FAQs. What is a Building Consent? A Building Consent is the ... read more
04-Mar-2019
Peter Lewis: What's the use of PhDs when so many of us don't know what to do with a hammer?
Some years ago, shortly after I bought my block of flats, a family moved into one of the units. They stayed for a few years, then let me know they were moving out but they had an auntie who would like take over the flat. That worked well and auntie stayed for quite a while until she too decided to move on. Naturally, she had a second cousin twice-... read more
07-Feb-2019
Peter Lewis: Even old dogs can learn new tricks
Long ago, when I first became a landlord, there was no Facebook, no chat groups, and communication between landlords was minimal. Learning to run a residential rental was similar to learning to ride a bicycle – trial and error at the cost of scraped knees and bruised knuckles. I fell down, got fleeced, swindled, and defrauded. But somehow I survived. However, life is ... read more
03-Jan-2019
Peter Lewis: What happened in 2018?
Well, that’s 2018 all wrapped up and stowed away. If I said it was all pretty much dull and boring, you’d know I was lying. Throughout the year property people seemed to have retained their reputation as being down there among used car salesmen, politicians and other assorted undesirable low-lifers among both the general public and the body politic. For some reason it is perfectly Ok... read more
06-Nov-2018
Peter Lewis: Is residential landlording a business?
The genesis of the New Zealand Labour Party lies in the gritty, grimy and muscular blue-collar labourers who worked long grueling hours in the mines, the factories and on the wharves. Armed with quite genuine grievances and fired with visions of a just and fair society they achieved political power by the 1930s and then propelled a number of their own colleagues into Parliament. Des... read moreRecent Posts
- RTAA 2019 - a partial reversal of Holler
- Hardwired smoke alarms at rental properties
- Extending fix-term tenancies
- Peter Lewis: Selecting a new tenant
- Template certificate for rental insulation
- Is a shower dome HHS friendly?
- HHS Compliance #2: Insulation requirements at a glance
- HHS heating standards for tenants on Globug
- HHS Compliance #1: Heating requirements at a glance
- Peter Lewis: On the shortage of residential rentals
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