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Hi I've just sold a property in Auckland and I need some advise regarding exchange rates for converting the gain into Oz dollars for CGT purposes. I'm interested in knowing which date I use for the exchange rate. Property went unconditional on 24 Oct for completion on 12 Dec. Do I...

Hi I understand depreciation on property in Oz and how the taxman treats it. BUT what about an overseas property (NZ to be precise). They currently have the same system as here but in the very near future they are stopping you depreciating the house itself, but you can still depreciate...

Hi I'm on the point of putting my rental property on the market. I invited the renting agent to recommend an agent from his branch. I'm not happy with his choice as recommended agent has only sold 2 houses this year and is not very internet aware. My choice is from a different office and...

Can you claim expenses (repairs, maintenance, agents costs, basically anything that you spend on an investment property) as a buying and selling expense which can be used against your CGT when you sell the property. This is regarding a property in NZ. With foreign income you have 4 classes of...

Hi I'm the owner of a townhouse in a Body Corporate (BC) in Brisbane. When I bought I knew nothing about BC's but expected the rules to be logical. BUT THEY ARE NOT In Queensland you have 2 main types of BC rules, one for tower blocks and multilevel dwelling (Building Format) and one...