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
It's not just about finding a deal, to truly grow as an investor you need to plan towards your end portfolio and work with people who can help you move towards that vision. iFindProperty has a service that achieves that for clients, and we are excited to share it with you
today.
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As an accountant is not a place for my personal political opinions, but professionally speaking I’m pleased with this result, and cautiously
optimistic we might have a friendlier tax environment for the property sector for at least a few years. But what does this mean for property
investors?
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