Rental property tax, minus the headache.
Rental rules have changed a lot since 2021. We prepare your rental schedule, claim your interest in full where the law allows, check the bright-line test if you sell and carry losses forward correctly.
- Fixed feeAgreed before we start
- 5.0 on GoogleFrom 33 five-star reviews
- Xero, MYOB or spreadsheetsWe work with what you use
Everything covered, nothing missed.
- Rental income and expense schedule for your return
- Mortgage interest claimed in full (from 1 April 2025)
- Repairs and maintenance separated from improvements
- Depreciation on chattels such as heat pumps and appliances
- Ring-fenced losses tracked and carried forward
- Bright-line and main home checks when you sell
Check what applies to your rental
Five questions, free, no sign-up.What to send us
- Property manager statements or your rent records
- Mortgage interest statements
- Rates and insurance invoices
- Repair and maintenance invoices
- Body corporate levies
- Settlement statements if you bought or sold this year
Good questions.
Can I claim the interest on my rental mortgage?
Yes. From 1 April 2025 interest on residential rental property is fully deductible again. For the 2024–25 year you could claim 80%. New builds have been fully deductible throughout.
What is the bright-line test now?
If you sell a residential property within 2 years of buying it, any gain is usually taxable unless an exclusion such as the main home exclusion applies. The 2-year test applies to sales from 1 July 2024.
My rental made a loss. Can I use it against my salary?
No. Residential rental losses are ring-fenced. They carry forward and reduce tax on your rental profits in future years.
Ravin ShankarManaging DirectorFixed fee, agreed before we start
Tell us a little about your situation and we’ll email a fixed quote within one business day.
Landlords with one rental or several, owned personally, jointly, in a trust or through a company, anywhere in New Zealand.
5.0 from 33 Google reviews
Every review is five stars. Clients mention clear answers, quick replies and work done on time.
Read reviewsOften done together.
Income tax returns
Company, sole trader, partnership and individual returns, filed on time.
What’s includedAnnual accounts
Year-end financial statements for companies, sole traders and partnerships.
What’s includedGST returns
Registration, the right filing frequency and every return on time.
What’s included
Ready to make tax the easy part of your business?
Book a free 15-minute call with Ravin, or get a fixed quote in about a minute. Prefer the phone? Ring 09 215 2246, Monday to Friday.
RAKS Consulting LtdAccounting, sorted.