Author: ilmamani
What percentage of your first home deposit was from your KiwiSaver vs other money?
Discover how KiwiSaver and personal savings work together to pave the way for homeownership in New Zealand. Learn about KiwiSaver withdrawals, the Hom [...]
Home insurance and GST
Home insurance policies vary in treating Goods and Services Tax (GST) within the sum insured, causing potential confusion for policyholders. During on [...]
Nonresident tax questions
Navigating property taxation in New Zealand post-inheritance requires understanding the absence of automatic basis step-up. Consultation with professi [...]
First home
When considering temporary residence in a multi-rental property, scrutinize local residency laws, disclose plans to lenders, and understand tax implic [...]
Mortgage refix options
Prioritize high-interest $150k loan for overpayment to reduce overall interest. Opt for an 18-month term for flexibility amid potential interest rate [...]
Insurance excess liability
Learn how to navigate liability disputes with neighbors after windstorm damage. Get expert guidance on insurance policies, gathering evidence, legal o [...]
NWF Rights Offer
Explore the intricacies of rights offerings in the world of finance, using the NZ Windfarms case as an example. Discover why companies may set offer p [...]
Forced to sell coastal property
Navigate the complexities of co-owning property post-relationship with expert insights. Explore legal and financial considerations, draft a robust co- [...]
When does compounding interest really take effect?
Unveil the power of compound interest in maximizing your investments! Delve into the critical choice between a 3-year and a 5-year term for a $55,000 [...]
Tax implications for gifting/borrowing
In New Zealand, familial loans are generally tax-exempt, but a below-market interest rate may trigger tax on imputed interest. Abolished gift duty may [...]