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Advantages of new builds

by Mark Honeybone - Guest Contributor 19 Jun 17

At Property Ventures we are increasing our focus on new builds as investments because we see tremendous advantages from a financing perspective. Not only do investors get pristine new and low maintenance properties in better areas, they get the benefit of 80% LVRs and tax..

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With the recent earthquake in Christchurch a lot of our clients have had their properties affected and it  is still is a big issue for Christchurch property owners.  If you live in Christchurch or have property in the area please let us know if there..

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Avoiding a Train Wreck

by The Professional Trustee Team 17 Aug 15

I wrote the following article for the August/September 2015 issue of REINZ Magazine, which was sent to all real estate agents within New Zealand. Our Professional Trustee is in demand! AVOIDING A TRAIN WRECK In the effort of getting a vendor to list a property..

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One common theme that seems to be on the 'up' this year, is two or more investors coming together to buy property through small private partnerships, LTCs or joint ventures.  Common examples include: Family members buying an asset from the deceased estate of a relative Family members..

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Capital Gains Tax on its Way?

by Matthew Gilligan 11 Oct 09

A Victoria University Tax Working Group is currently considering the future direction of the New Zealand tax system. The Group is made up of various governmental, academic and industry professionals and is expected to produce a report which will be influential on the government's future..

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Don't Miss The Boat

by Matthew Gilligan 08 May 11

The 2012 tax year began on 1 April 2011 for most taxpayers and with it new tax rules in relation depreciation on buildings and LAQCs finally came into force.  We have written a number of times on the potential impact these rules may have on you..

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In these tougher times we have noticed vendors asking for early release of deposits before actual settlement has taken place.  If you have purchased a property and paid a deposit on the unconditional date, we would recommend you think twice  before agreeing (and don’t) to any..

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GOODBYE LAQC, HELLO LTC

by Matthew Gilligan 18 Oct 10

Since announcing in May that the LAQC regime was going to be the subject of an overhaul, the property investment community has been anxiously awaiting the Government's follow-up to the Issues Paper released at the time.  On Friday 15 October 2010 draft legislation was released. ..

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Whilst it has almost been six months since the new zero rating provisions for land transactions came into force, at GRA we are still seeing quirks and issues emerge as practitioners and property traders/investors come to grips with the new rules.  In today's article I..

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Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.

We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.

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