This is a round table discussion of strategies, pros, cons potential pitfalls when planning or running a short term rental investment in New
Zealand. We invited a successful short term rental investor / operator, a tax specialist and an insurance advisor to dig into a range of
topics.
Topics covered:
Evaluating a market
Getting set up
How to stand out and market yourself
Different online platforms
Expected quality of fittings
Suppliers
Costs to run
Tax and structuring, including a crucial GST issue
How insurers look at short term lets depending on various scenarios
Potential cost implications of running a commercial operation in a residential property such as rates, insurance, tourist levies
The methamphetamine issue for insurance
Panellists:
Debbie Van Den Broek
Successful property investor and property finder
Kenina Court
Property investor and Property Specialist Accountant
Chris Lane
Property Investor and Insurance Advisor
The coalition government has continued to reset some policies that affect rental property owners. In this article I summarize recently
announced changes for interest deductibility, brightline, pets and pet bonds, 90 day no-cause tenancy termination and fixed term
tenancies.
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Hamilton is a proven fantastic location to invest, providing strong long term capital growth and rental demand. Employment opportunities in the region have resulted in a population increase of over 23% in the last 10 years.
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