If you are a regular Property Trader or Investor in New Zealand you will more than likely be subject to paying tax on the profit from resale. The Inland Revenue Department will look at your intention. If you have bought and sold properties at regular intervals, they may look at statements made to your Bank [...]
Tax on Property
October 1st, 2009 · No Comments · Uncategorized
Tags:Accountant·Conveyancing·Inland Revenue Department·Intention·Intervals·Investor·New Zealand·Real Estate Agent
Property Investors Magazine
October 1st, 2009 · No Comments · Uncategorized
Hi all if you are a property investor in New Zealand then make sure you get the October issue and check out our first article which will outline the history of Conveyancing in New Zealand. We will writing an article each month whick will provide some great information around investments New Zealand. Warm regards Kim
Tags:Conveyancing·Investments·New Zealand·Property Investor·Property Investors·Whick
Deposit
September 22nd, 2009 · 1 Comment · Uncategorized
What is the amount of deposit required in an Agreement for Sale and Purchase? Generally anywhere between 10-20% of the purchase price. Why? In New Zealand the deposit is paid to the Real Estate Agent as Stakeholder. There is a period by which the Real Estate Agent must hold the deposit before it can be [...]
Tags:Authorisation·Conveyancing·Legal Practitioner·Mortgage·Mortgagee Sales·New Zealand·Real Estate Agent·Stakeholder
