All Topics / Help Needed! / Owning Investment Property in NZ While Living in AUS

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  • Profile photo of BrendonBrendon
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    @brendon-r-k
    Join Date: 2016
    Post Count: 1

    Hi there Ive been looking into what I can and can’t claim as deductions against my Australian income with my New Zealand investment property most is easy to find on the ATO website one thing I cannot find the answer to is this:

    Does it matter if my mortgage is with my New Zealand bank account, Do I have to have keep my NZ property under a mortgage with my Australian bank account in order to have my investment costs deductible against my Australian income?

    any help on this matter would be highly appreciated

    cheers

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