Tips for claiming property expenses Changes in tax deductibility for property investors that have passed into law haven’t prompted a major sell-off of rental properties. When the changes were announced in March last year there were anguished predictions landlords would not be able to keep their properties and the rental market would be turned upside…
Great ways to add value to your Rental Property Attracting long term and high-quality tenants is every Landlords goal, however, it can sometimes feel unattainable. You may be doing everything right to appear as the ‘perfect’ Landlord, and your Rental may have space aplenty, so why aren’t you getting any favourable candidates? The answer is,…
Landlords to be belted again by Government Private landlords could be faced with further restrictions on running their properties as a business. Associate Housing Minister Poto Williams has asked her officials to look at rent controls and rental indexing as a way to help renters struggling with the cost of accommodation. She told TV1’s Breakfast programme nothing is…
This month I would like to draw your attention to the new Privacy Laws coming into effect next month. Tauranga Rentals is concerned about these new laws. “Housing is an emotional issue for many Kiwis and this guidance offers the sector some much-needed certainty and goes a long way to help build trust between Landlords…
10 Expert tips on choosing the right Property Manager (1) The Property Management Company has an audited trust account The property management industry in New Zealand is deregulated, and therefore a trust account is not required by law. A property management company that has all rent monies going into a trust account, especially an audited…
Health and Safety An important focus of our Industry is the Health and Safety of our Property Managers, our Tenants and of course our Owners. There is a lot of Legislation around nuts and bolts stuff like having safe steps for instance, fire detection and asbestos management but we now have possibly the most serious…
Covid 19 We hope you and your families are all safe and well A big apology for missing last month’s newsletter, we got locked down before we had a chance to get it out. This month we will talk about what we have been up to during Lockdown and what happens next. Dan and Sheree…
What You Can and Cannot Charge Your Tenants For In the Tauranga City and Western Bay OF Plenty, rubbish and recycle bins are now provided through your Land Rates, we have been asked about adding this onto your Tenants Rent so I asked the question of Tenancy Services and this was their response – Where…
Some more of Dan’s thoughts on our Industry In last month’s Newsletter I did forget to mention that all of the new Legislation we are now dealing with and including the Healthy Homes Standards Statement is pointing all Properties to have a Rental Warrant of Fitness, this will be the Governments way of generating revenue…