Category Archives: Uncategorized

Wellington landlords and property investors must declare all rental income in an annual IR3 tax return. Allowable deductions include mortgage interest (now 100% deductible from 1 April 2025), rates, insurance, property management fees, repairs, and maintenance. The Bright-line test taxes profits on residential property sold within two years of purchase (for sales from 1 July […]

While self-managing a rental property may appear to save money, the true cost of being a DIY landlord in Wellington often exceeds professional management fees. Time loss, legal exposure, rent arrears, compliance mistakes, and emotional stress can significantly erode returns. Professional property management reduces risk, protects income, and allows investors to focus on growth rather […]