EP: 146•
In this episode, we discuss depreciation. Depreciation is when the value of the things inside your home gradually decrease in value. It's a cost to you as an investor, but you don't actually pay for it in cash. This means that you can use depreciation to decrease the amount of tax you pay to the IRD each year.
Since the 2011-2012 financial year investors have no longer been able to claim depreciation on the value of their building (if it has a useful life of 50 years or less). However, they still can claim depreciation on the chattels within the building.
Here, we discuss the different types of depreciation and what can and can't be depreciated. This is a lead up to the next episode where we talk about ringfencing.
If you want to learn more about investment property, then why not check out our guide to how to get a mortgage? It's a 9,500-word guide called the Epic Guide to Mortgages and as well as helping you get one it will also teach you how to pay it off faster.
EP: 2017
In this episode, we discuss dollar cost averaging and how to apply this top property investment.
This includes how you can make more money investing consistently – rather than holding out for the bottom of the market.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2016
In this episode, we discuss why property investors need to diversify and think about diversification.
This includes how to make the same money (generate the same return) while lowering your risk.
And how you practically do this as a property investor in NZ.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2015
In this episode, we discuss how to deal with bad neighbours. That includes one case where a tenant's neighbours were threatening to poison their dog. We talk through who to call in different situations and a few case studies of when neighbours truly are at war.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2014
In this episode, we discuss the exact process to get a mortgage top up. That includes what you can use a mortgage top up for, who you need to talk to, and different ways you can set it up. Ultimately, property investors can use this information to decide whether a mortgage top up is right for them.
Looking to calculate and compare your mortgage repayment options? Use our mortgage calculator to find out your potential monthly payments.