Rental Properties
With tax law constantly changing, owning and renting property can be confusing when it comes to taxes. We make sure you understand your financial requirements, that your rental property tax obligations are met, and that you own your rental properties under the correct structure.
What we do
Rental properties
Before you buy your residential rental we can advise on the best structure for your circumstances. If you own more than one rental we will make sure that the ownership of the properties is structured in a tax efficient manner. You’ll understand what your income tax obligations are once you have spoken with us. We’ll tell you what records to keep and the best way to manage the tax needs of your residential rental. We will tell you of any tax implications when it comes to selling your residential rental.
Holiday accommodation and AirBnB
For holiday and AirBnB accommodation we advise on the best ownership structure. You won’t get trapped by any GST and income tax implications because we will keep you informed on any potential issues. We’ll tell you what records to keep and the best way to manage the tax needs of your holiday rental. You will be kept up to date with all your income tax and GST compliance. When it comes to selling your holiday property we will advise on any income tax and GST implications.
Commercial leases
Before you buy a commercial property we can advise on the best structure for your circumstances. Number up is here to help with all the accounting needs of your commercial property. You will remain compliant with all your income tax and GST needs when we Number Up with you. We’ll let you know what records need to be kept and the best way to manage your tax and accounting needs. When it comes time to sell your commercial property we will advise on any tax implications and keep you tax compliant.
