Forum Replies Created
Hi
I believe as a resident of Australia you declare all of your income – both foreign and Australian in your Australian tax return and you have no need to lodge a NZ tax return because of double tax treaties etc.
You declare your NZ income as foreign income and there are average monthly rates that you can now apply to translate this to Oz $ ie. one rate per month, you don’t have to do this on a daily basis. Same with your NZ expenses including travel. Your problem I believe is that the foreign losses (if there are any) will be quarantined and can only be offset against future foreign income.
Know a good Sydney accountant, and will try and get a recommendation for Melbourne but I believe this is correct.A different structure might be the way around it? Unsure of this side. Have you listened to Steve’s CD “Kiwi Property Insights”?A-M
Hello
Just to let you know I have one more spot for the one on one day with Martin and the final ticket I can organise for $1990. Martin is only taking 4 people for this day, and when you look at the fact that his seminar in Melbourne in March is $695 or so for a room full of people, I think this is a bargain. The four people attending will negotiate the date to agree with Martin – we are currently looking at early December or early January – so first in best dressed!
Hey all
One left I think … will know on Tuesday. Will keep you updated
Anne-Marie
Thanks so much for your input all. I too was so inspired by Martin’s presentation on the weekend and found the whole Masterclass experience has really got me going again on the investment front! Dean, I am so looking forward to this experience with Martin and really appreciate your feedback about your own experience.
Onwards and Upwards,
A-M
