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Nickandrin

  • Nickandrin replied to the topic Positive geared properties in 2011? in the forum Ive just purchased a 13 years, 2 months ago

    Ive just purchased a positively geared property in NZ.  There is no stamp duty in NZ and no capital gains tax.  Also the rate of depreciation is 4% as opposed to Aus which is 2%.Our property does not meet the 11 second rule, but it does still make a nice return.  In answer to your question, yes, there are still positively geared properties ar…[Read more]

Nickandrin

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