RENTAL PROPERTY TAX
Rental property tax, sorted.
Interest is 100% deductible again and IRD is watching more closely than ever. Whether you own one rental or ten, we handle the compliance so you can focus on your investment.
44%
Increase in IRD property audit activity year-on-year
$228m
Undeclared property income and GST uncovered by IRD in 2025
100%
Mortgage interest deductible again from 1 April 2025
WHY IT MATTERS
Rental property tax isn't simple any more.
Interest deductibility rules changed four times in four years. Ring-fencing is still in force. IRD is data-matching property records, tenancy bonds, and Airbnb income. Getting it wrong costs money. Getting it right saves thousands.
Interest deductibility, tracked properly.
The transitional rules from 2021–2025 created a maze. We've tracked every percentage change for every client, so nothing's been missed. Denied interest is preserved for your cost base on sale.
01
Depreciation claimed from day one.
The building itself isn't depreciable, but heat pumps, carpets, curtains, and appliances are. We coordinate chattel valuations and run the calculations every year. Most landlords without an accountant leave thousands on the table.
02
Ring-fencing handled correctly.
Rental losses can't offset your salary or other income. We manage the ring-fencing calculations, carry forward excess deductions, and advise on portfolio versus property-by-property basis. Whichever approach saves you more over time.
03
IRD correspondence, our problem, not yours.
As an IRD-recognised tax agent with Extension of Time status, we deal with Inland Revenue directly. Queries, notices, reviews. We can handle it and keep you informed in plain English.
04
WHAT WE COVER
Everything your rental property needs.
Annual compliance is the baseline. We cover everything from purchase to sale, and everything in between.
Annual tax returns
IR3, IR4, IR6, or IR7 returns with IR3R rental schedules for each property. Income reconciliation, expense maximisation, and on-time filing.
Loss ring-fencing
IR1226 worksheet preparation, excess deduction carry-forwards, and portfolio vs property-by-property strategy to minimise your long-term tax.
Purchase & sale planning
Purchase price allocation, depreciation recovery assessment, settlement adjustment review, and tax-efficient exit strategies.
Depreciation schedules
Chattel identification, professional valuation coordination, annual depreciation calculations, and full asset register maintenance.
Bright-line compliance
IR833 disclosure, main home exclusion analysis, rollover relief assessment, and gain calculations. Whether you're selling now or planning ahead.
Provisional tax
If your residual income tax exceeds $5,000, provisional tax applies. We calculate it, manage the instalments, and keep you ahead of payment dates.
Interest deductibility
Full compliance with current and transitional rules. Mixed-purpose loan tracing, revolving credit tracking, and cost base preservation for denied interest.
Entity structure advice
Comparative modelling across personal, LTC, trust, company, and partnership structures. We recommend what works for your situation, not what's fashionable.
Portfolio reporting
Separate profit-and-loss for each property plus a consolidated portfolio summary. Clear tax outcomes: what's payable, what's refundable, and why.
CONTACT
Ready to get it sorted?
Get in touch and we’ll take it from here.
ADDRESS
Unit 1, Level 1, 275 Cashel Street, Christchurch
PHONE
(03) 379 8735