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  • Profile photo of sci_fi_chickysci_fi_chicky
    Member
    @sci_fi_chicky
    Join Date: 2005
    Post Count: 1
    October 20, 2005 - 12:05 am

    Hi, i live in Oz and bought a house in NZ recently.
    We were told that we can’t claim the house on tax and get any tax benefits on it like declaring losses and things even though it’s an investment house.
    Is this true? is there a way to get around it? or do you have to actually earn an income in the country you bought the house in?

    Any advise would be great.

    thanks

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    October 20, 2005 - 6:29 am

    I don’t think that is true. Better talk to a good accountant,

    Terryw
    Discover Home Loans
    Parramatta
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
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    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

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