The long awaited new associated persons rules have finally passed into law. On 6 October 2009 the legislation received Royal Assent. The new rules apply to land acquired on or after 6 October and in certain instances to improvements made to buildings after that date. ..
Read ArticleA Victoria University Tax Working Group is currently considering the future direction of the New Zealand tax system. The Group is made up of various governmental, academic and industry professionals and is expected to produce a report which will be influential on the government's future..
Read ArticleYou may have read in the National Business Review or elsewhere that the Real Estate Institute of New Zealand is proposing to launch a new agreement for buying and selling property in New Zealand. We understand that the agreement will be made available to real..
Read ArticleWarning To Solicitors, Accountants and Trustees/Trust Advisors... BEWARE THE APPOINTOR IN NEW ASSOCIATED PERSONS RULES (11 August 2009) While the Finance and Expenditure Select Committee managed to weed out much of the over-reach of the new associated persons definition, there still appears to be a..
Read ArticleMany clients have been asking me if I think this is a better time to be investing in property in New Zealand. I think the answer is yes, but you need to be careful.The Good News: Immigration is on the rise - annualising at close..
Read ArticleIn case you missed it over the weekend, the NZ Herald article on a woman being awarded a share of her husband's 'inherited property' that pre-existed the relationship rewrote some relationship property rules. What Happened?The Supreme Court held that a woman who helped maintain an..
Read ArticleThe much talked about new Association Rules are back before Parliament and unfortunately for those in the business of dealing in or developing property or erecting buildings, the Bill has not been substantially changed. The new expanded definition of association has largely survived the Select..
Read ArticleA recent article by the NBR concerning the wilful trashing of the former family home of bankrupt Merlot Homes director Stuart Herron, which recently sold at mortgagee auction, raises some interesting issues. To summarise the story, in the four weeks between the auction hammer falling and..
Read ArticleAs a structuring adviser to investors and business people, one very common mistake with many business and property structures is a spouse being offered as a guarantor to the banks, landlords or creditors of a business. Their personal guarantee is often not required to get a deal done,..
Read ArticleWe enjoyed everthing about Property School. Every night was hugely valuable and inspiring. We went away energised. - Roz C - September 2017
Investing in residential property?
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.