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OneRoof Radio Show: 'Proposed tax bill could hurt renters'

OneRoof Radio Show: 'Proposed tax bill could hurt renters'


There are growing concerns about possible rent rises if new legislation governing investment properties is passed.

According to Inland Revenue figures, 40 percent of landlords make a loss on their rental property.

Currently, investors can use losses on rental property to reduce the tax they pay on their other income, but the Government says that's unfair, especially to first home buyers.

Property Investors Federation executive officer Andrew King joins The Weekend Collective's One Roof Radio Show to discuss the issue.

https://www.oneroof.co.nz/news/oneroof-radio-show-proposed-tax-bill-could-hurt-renters-35756

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