Category: Property Investment

The final instrument

The final instrument We are living in interesting times, with the fallout from the last subsidy round of the 2020 lockdown pushing inflation north of 3% beyond the Reserve Bank’s perimeter. With all this extra income and low interest rates, the average citizen has been provided with disposable income and has spent accordingly. You might …

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Purchase price allocation

Purchase price allocation For sales of commercial property over $1M and residential over $7.5m. Before 1/7/21 both vendor and purchaser could provide their reg. valuations at sale date and submit them to IRD. The depreciable portion of the asset could be vastly different having the effect that improvements/fitout could be revalued upwards allowing the useful …

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