Investing in Property can give you immediate, attractive tax savings

Under New Zealand’s tax regime the harder you work and the more money you earn, the more tax you pay. Well also under New Zealand’s tax regime the ‘loss’ from your rental properties usually results in a tax refund or tax deductions, which lessens the impact of the ‘loss’. In fact the harder you work on building your portfolio and the more you earn – the more you get back. These can be refunded on a monthly, quarterly or yearly basis.