No Capital Gains Tax a Relief for Owners and Tenants
Rental property owners and tenants will be relieved that pressure from hundreds of thousands of voters and taxpayers forced the ideologically-driven Prime...
Tech Firm: Test Rental Properties Before Spending On Heating
Housing Minister Phil Twyford should heed a warning from tech firm Tether that if rental property owners don’t monitor the warmth and ventilation performance of their properties, they risk spending thousands of dollars on upgrades they don't need, Tenancies War spokesman Mike Butler said today.
116,000 Loss-making Rental Property Owners May Sell
Confirmation from Inland Revenue last week that 116,000 owners declared a loss on earnings in the 2016/17 tax year shows that ring-fencing of tax losses for rental properties could soon result in 116,000 fewer rentals, Tenancies War spokesman Mike Butler said today.
Evidence Undermines Insulation Standards, $4000 Penalty
Evidence provided to the Government undermines both current rental property insulation requirements and makes a mockery of a $4000 penalty for non-compliance, Tenancies War spokesman Mike Butler said today.
Impact Of Rental Property Tax Change Could Be Huge
The impact of a law-change to ring-fence rental property tax losses could be huge and sudden because owners absorbing loss with no...
Three-strikes tenancy proposal no help
A three-strikes proposal to end tenancies offered by the New Zealand Property Investors’ Federation is of little use to either owners or tenants, Tenancies...
Tenancy reforms miss the main point — unpaid rent
Evidence obtained on Friday under the Official Information Act shows that Housing Minister Phil Twyford’s tenancy law tinkering misses the main issue, which is...
Complaints show problem with heaters in rentals
Complaints that 15,000 heaters installed in Housing New Zealand properties don’t heat give the appearance of an epic blunder and show a problem with...
Minister, there is an economic reason for letting fees
A claim by Housing Minister Phil Twyford that letting fees were unfair and had no economic rationale shows naivete unbefitting of a Minister, Tenancies...
Owners and insurers need compensation after meth fiasco
Owners forced to spend tens of thousands of dollars refurbishing rental properties based on a discredited methamphetamine test deserve compensation, as do their insurers,...