Over the next year or so, there could be some huge changes to the way you will be taxed in New Zealand. There are a lot of strange assumptions, which are driving the recommended changes.

Renovating to sell. A very different proposition than renovating a property to live in yourself or rent out to tenants. There are a couple of main differences – namely the actual changes you should be making to the property (areas you renovate, products and materials you use) and the amount of money you spend on making those changes.

I just can’t help it – but I’m watching old episodes of How to be a Property Developer on Living TV. How sad is that?

Valentine’s Day is usually spent taking a romantic vacation with your significant other or spending tons of money creating the perfect day. Like many you can end up spending hundreds of dollars for one day.

Increasingly Banks are aware of potential Leaky Homes and so it pays to be sure when buying. This press release was issued by the NZ Building Industry Federation.

The Real Estate Agents Authority (www.reaa.govt.nz) came into force on the 17th November, ensuring Real Estate Agents are now accountable. But what exactly has changed in relation to buying and selling property?

I have read through all of Chris’s postings on PropertyTalk.com and have extracted what I think are his helpful hints and listed them here.

The golden component of property investment is a concept called ‘passive income.’ For most people on wages or a salary, work is all there is. I.e. except for paid holidays, no work = no pay.

An essential is a pre purchase check list for buying property for investment purposes.

Property investment is a business and must be treated like one. Whether residential or commercial, a new property investor is now ‘in business.’