Accountant view on NZ investing

Hi there! I am not an accountant, but my Dad is a NZ accountant and I have an Aus accountant who is also an investor as I am a resident here.

Re tax structure
My advice from my Aus accountant was not to start a structure until the cost of the structure is less than the tax saved (unless you don’t care so much about that and want asset protection.) In my case this is not yet. (4 properties.)

so for me I am going to do that later. Possibly soon. Not a big deal in NZ in transferring/selling properties later as no stamp duty.

capital growth areas – like anywhere, they are in places where demand in the future is likely to be greater. I.e. look for places that are showing economic growth, population growth, or where a new project has just been announced i.e. new employers, developments, or large businesses

CF+ve and capital gains areas are not always in the same place. however as a rule most of NZ has shown strong capital gains over the last few years as it has been ‘discovered’ and was and still is undervalued on a global scale. Stay away from shitty small off the plan or second hand off the plan apartments though!

You can find CF+ve in CG areas however the yields don’t tend to be as high. However you can ‘create’ positive cashflow properties a la Steve’s new book

exchange rate-
yep. it fluctuates, that’s just the way it is. hedge by borrowing in NZ.

joy to the world