Practical property investment, accounting and tax advice for landlords, investors, developers and property owners throughout Auckland and New Zealand.
Property remains one of New Zealand’s most popular ways to build long-term wealth. However, property tax rules have changed considerably, and mistakes can significantly affect your returns.
Murray Sharma & Associates provides practical investment, accounting and tax advice to help you understand the financial implications of each decision. We advise on what, where, when and how to invest, as well as the most appropriate way to hold your property.
Whether you are purchasing your first rental, expanding an established portfolio, developing land or preparing to sell, we help you maximise returns while remaining compliant with Inland Revenue requirements.
“The best time to get property tax advice is before signing the agreement — not after the transaction has taken place.”
Compare ownership structures based on tax, asset protection, financing and succession requirements.
Assess bright-line, interest deductibility, GST and other land-sale rules before making a commitment.
Monitor rental income, expenses, cash flow and the performance of individual properties.
Build an investment strategy that supports sustainable portfolio growth and long-term financial goals.
From choosing an ownership structure to preparing annual accounts and planning your next acquisition, our services evolve with your portfolio.
Compare personal ownership, companies, look-through companies, limited partnerships and trusts before committing to a structure.
Understand the bright-line test, intention rules, interest deductions, GST, depreciation and property-development taxation.
Annual financial statements and tax returns prepared for individual properties and complete rental portfolios.
Clear reporting on rental income, expenses, financing costs, cash flow and property-level performance.
Assess the likely cash-flow and tax impact of a potential investment before purchasing.
Review the potential tax consequences before selling, restructuring or transferring a property.
For residential property sold on or after 1 July 2024, a single 2-year bright-line test applies, measured from when you acquired the property. If you sell within 2 years the gain is generally taxable; if you have owned it for more than 2 years the test no longer applies. Your main home is generally excluded. The older 5-year and 10-year periods no longer catch sales made from 1 July 2024.
Yes. After being phased out from 2021, interest deductibility on residential rental property has been restored — 80% deductible for the 2024–25 year and 100% deductible from 1 April 2025 onward. MSA ensures your returns claim it correctly.
It depends on your goals, gearing and risk. A look-through company can suit early, negatively geared investments; a standard company gives a flat 28% rate; a trust offers asset protection and succession benefits; and personal ownership is simplest but least protected. MSA models the options for your situation before you decide.
Not automatically. If you have owned it for more than 2 years the bright-line test does not apply. However, other rules — such as buying with an intention to resell, or dealing in or developing land — can still make a sale taxable. We assess your full position before you sell.
Depreciation is available on commercial and industrial buildings but is not available on residential rental buildings (although chattels and fit-out may qualify). MSA identifies exactly what you can and cannot depreciate.
Start with a free, no-obligation consultation. We’ll take the time to understand your circumstances, explain the services that may help and recommend a practical way forward.
Free initial consultation · Clear recommendations · No obligation
