Investors are being urged to get involved with a new initiative that is aiming to try and solve Auckland’s housing crisis.
It’s full steam ahead for the government’s Crown Land Housing programme in Auckland with two progress announcements from the Housing Minister.
Investors house price expectations look overcooked as near-term price decline is baked in, ANZ economists are warning.
Situated less than a kilometre from the central city, Trinity Terraces is the city’s next hottest development to attract interest from savvy investors and smart first home buyers.
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Ask an expert
GST sale considerations
“Back in 2007, we bought a hotel apartment, GST included. We claimed the GST back at 12.5%. We have just sold the apartment in April 2016 to a non-registered GST buyer - again GST included. Given that the GST is now 15%, how do we work out the GST payable ? Will the total sale amount be at 15% or will some still be at 12.5%...”
Our expert Mark Withers responds »
Property management beginner
“I am new to property management and looking after a few properties that are owned by my friends. The total rental I receive on behalf of the landlords will be over $60,000 per year, but my service fee will be below $20,000 per year. Do I have to register for GST to run this business? ...”
Our expert Bernard Parker responds »
Structuring first investment
“We are looking at purchasing our first investment property. We are mortgage free on our home but have been told by the bank that we need to put our home up as equity for the rental property. I have also heard that if you do this then you cannot get any tax breaks on the rental. But we are very green with investment...”
Our expert Kris Pedersen responds »
See also: Residental Dwelling Sales statistics »