Through our own personal experiences with rental properties, we here at Taxation and Management Advisors can provide correct and up to date advice on whether expenses are able to be deducted for tax purposes, or not, from Rental income received.

Since 2011 when the ability to claim depreciation on buildings was removed, the IRD has been looking more closely into repairs and maintenance claims as many landlords have attempted to put through expenditure as repairs and maintenance when in fact, in some cases, it may not be tax deductible.

Talk to us and we can further advise you on what you can and cannot claim on.