Free advice for Landlords - ask our property experts a question
Do you have a property investment question you want answered? The Ask an Expert section is a free service provided for property investors in conjunction with a panel of selected property experts.
Please note that questions should be of a general nature about property investing and your question and the subsequent answer may be published in the NZ Property Investor magazine. There is a limit of ONE question per submission. We will use our discretion whether questions are published and we reserve the right to paraphrase your comments for our experts.
Before you send in a question, please read the Ask an Expert archive thoroughly. There is a chance that your question may have been previously answered and it will be listed there.
To ask a question, you will need to be a registered member (it's free).
The Department of Building and Housing provides information and guidance on building law and compliance, services including weathertight homes, and advice for tenants and landlords.
Last answered question:
Who pays for the costs of a plumber? When a problem arises with leaking in the laundry (2 separate incidents with different tenants) we have sent in a plumber to check it out and the solution is found to be either:
the washing machine hosing (washing machine & hosing owned by the tenant) to be faulty and need replacing
or the tenant is using the washing machine on high water setting, but putting too many items in the washing machine it causes water to overflow.
Who should pay for the bill for the plumber?
Tenant or Landlord for each incident please.
Mark Withers and his team at Withers Tsang & Co specialise in advising on property related transactions, valuation and restructure services and tax planning.
Last answered question:
How should I re-structure if I relocate overseas? I have 4 investment properties (I am the guarantor for these investment loans) in the name of a LAQC, and my own home (no loan) in the name of my family trust.
I am the sole shareholder of the LAQC and one of the shareholder (the other is my solicitor) of a trustee company which is the sole trustee of the family trust.
How should I re-structure my assets if I move to and work in Australia. Sell LAQC to Family Trust? No change?
Tax minimisation and asset protection will be important.
John Bolton, former general manager of ANZ, is one of New Zealand’s leading experts on interest rate risk management and mortgage structuring.
Last answered question:
How do I find out ownership details of a prospective property? I have just found out that the person who owns a property I am interested in purchasing has gone bankrupt and abandoned both the property and his business. What I would like to know is whether there is any way to find out who holds the mortgage on the property so that I can approach them about purchasing his house and land?
For all of your Property and Conveyancing needs contact the professionals at Property Conveyancing Services Ltd. Exceptional service delivery, exceeding our clients expectations. Turning clients into clients for life.
Last answered question:
Can you please explain the different property Titles? What is the difference between a freehold property, a unit title and a property on a crosslease? What are the advantages and disadvantages for a property investor?
