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Entries from September 2009

Humor

September 30th, 2009 · No Comments · Uncategorized

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Tax on Property

September 30th, 2009 · No Comments · Uncategorized

Do you need to pay tax on a property you have purchased in New Zealand? The Inland Revenue Departments state this depends on your reason or intention at the time you purchased the property. When the IRD decides whether or not you should pay tax on the profit from the sale of the property, intention [...]

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Thoughts and prayers

September 30th, 2009 · No Comments · Uncategorized

Our thoughts and prayers go out to the people of Samoa. What a tragedy. There must be a lot of movement going on with the plates in the Pacific at the moment. Being here in New Zealand with a Tsunami warning. Gee our little country could be swallowed up. Definitely not the time to be [...]

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September 27th, 2009 · No Comments · Uncategorized

Interesting article from Martin Hawes I believe property is a sound and good investment. He is correct there are other investment options for New Zealanders to explore, but people need to be educated on these investments as they are often complex.  The security property provides is that people can see it and feel it, it has [...]

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Leasehold Estate

September 27th, 2009 · No Comments · Uncategorized

A lease interest is created when the Lessor grants to another party the Lessee a  right of possession of land for a period of time. In effect the Lessess will pay the Lessor a fee for occupation. The terms will be written into a form of a Lease document. The Lease will contain the conditions [...]

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