Marina George

The Residential Tenancies Amendment Act 2020 is now law. One of the changes that comes into effect immediately is the change to rent increases which means that from 12 August 2020 rent cannot be increased more than once every 12 months. If you gave your tenant notice to increase their rent prior to 12 August […]

Updated 7 August 2020 Marina George Director Renthub On 5 August the New Zealand government passed under urgency amendments to the Residential Tenancies Act effective in six months from now. So what will this mean for you as an owner of a residential investment property in New Zealand? Removal Of 90 Day ‘No Cause’ Tenancy

Written by Marina George Director Renthub Back in April 2016 there was a court case Holler & Rouse vs Osaki which came about when the landlord took their tenant (Osaki) to court to claim for damages to the property as a result of the tenant leaving a pot of oil on the stove unattended which

This question not surprisingly is the one that most rental property owners find the most challenging to figure out. Asking a high rent could see you sitting on an empty property for longer than you would like, not charging enough could also see you out of pocket. Here’s some tips to find the sweet spot

As you will know, landlords spend money on their properties, either to repair them and keep them in good condition or to make improvements/improve the living conditions of their tenants. For tax purposes, there is sometimes a very fine line between these two things. Sometimes, the purchase of something that would normally be considered to

If you fear you are about to be evicted due to being unable to pay your rent, you may be able to get Rent Arrears Assistance from Work and Income NZ. From 6 July, changes to this payment will make it easier for more people to access it and increases to the amounts people can

With the uncertainty that has been in the air over the last few months, we have been seeing a lot of Kiwi expats returning home. Due to this there have been people becoming displaced with their changing work and personal circumstances and even property managers having to move back into their homes that are no

Guest writer Abhi Jagwani Accountant and owner First Class accounts From the 2019-20 income year onward, new rules apply to deductions claimed for residential properties. Residential property deductions will now be ring-fenced, meaning that they can only be used to offset income from residential property. The legislation requires taxpayers to determine whether they hold their

Normally I would get maybe one query about vendor finance every couple of years but I have had two queries about vendor finance in the last few weeks. This is probably a reflection of the fact that the property market is more of a buyer’s market. So what is vendor finance and is it good

Since the start of this year there has been a new standard form agreement for sale and purchase in use for buying and selling property. Whether you are a buyer or a seller, here are 5 tips to give you an advantage in your property transactions. 1. Finance Condition The finance condition in the new