Boarding Houses vs Boarding Establishments ... What's the Difference? New Tax Rules ⎜ Ep. 947
- Author
- Opes Partners
- Published
- Fri 15 Apr 2022
- Episode Link
- https://podcasters.spotify.com/pod/show/propertyacademy/episodes/Boarding-Houses-vs-Boarding-Establishments-----Whats-the-Difference--New-Tax-Rules--Ep--947-e1h2a7l
In this episode, we discuss the new tax rules for boarding houses and what property investors need to know.
We go through how the IRD has created a new term – 'boarding establishments', which are exempt from the new tax rules. To qualify, a boarding establishment has to have at least 10 rooms that are not self-contained.
We also mention our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. You'll learn how to get the bank to say yes to your first (or your next) investment property.
