Storey and Associates

Student Loan Borrowers can no longer Fly under the Radar These days many Kiwis returning home from abroad no longer breeze into Godzone with the same confident swagger they once assumed. These are the original batch of Kiwi Student Loan borrowers, who dared to ignore their student loan repayment obligations, thus invoking the ire of […]

What happens when I rent my home to family members? What are your tax obligations and entitlements when renting to family members and friends? Sometimes when a property owner travels overseas, is on the move for a temporary period, or just wants to help someone to get on their feet, they rent their property out

Manawatu Property Investors Association VIP SPEAKER NOTIFICATION The MPIA VIP speaker for the 6TH MAY MEETING is Graeme Fowler. You may wish to “google” him for some insight into his experience with property investing. We are very fortunate to have Graeme visit us. There will be a change to the start time of this meeting

Help is on the Horizon See how Storey and Associates can provide assistance that’s above and beyond what other Accountants provide. With the onset of winter looming and the certainty of cold nights and inclement weather, property owner’s thoughts will inevitably turn to the prospect of roof leaks, blocked spouting, rotting windowsills and inadequate heating.

Deckchair analysis of your rental property investments Summer holidays can be an ideal time to think about how to improve your property investment returns and to review their suitability to your current personal circumstances. Here’s a list of fundamentals that could benefit from a laidback summertime review. Maintenance Draw up a checklist of maintenance and

Don’t forget to claim the Mileage on Your Car You can claim Mileage on your car, for any trip that’s related to your rental property such as trips to and from the property (maintenance, inspections, showing tenants through etc), the Bank (to check the rent, arrange loans), Lawyer, Accountant, Hardware Store, Tenancy Tribunal, anything that

Depreciation Recovery (or Depreciation Clawback) occurs when: You terminate the tenancy and stop renting You move back into the rental property The rental property is sold The house burns down – And it happens! It’s quite likely, with the current property boom, that when you sell your rental property it will be sold at a

Hi my name’s Janine; some of you may already know me through your contact with our rental team here at Storeys. Under Shane’s mentoring I’ve been working in the rental division of Storey and Associates for 6 years now, and during this time I have taken on the role of Rental Tax Manager. Through this