{"id":753,"date":"2019-03-11T15:20:37","date_gmt":"2019-03-11T03:20:37","guid":{"rendered":"http:\/\/accelerateonline.blog\/?p=753"},"modified":"2021-03-31T21:48:53","modified_gmt":"2021-03-31T09:48:53","slug":"own-residential-property-take-note","status":"publish","type":"post","link":"https:\/\/www.bdsaccountants.co.nz\/insights\/propertyinsight\/own-residential-property-take-note","title":{"rendered":"Own residential property? Take note!"},"content":{"rendered":"<p>In an effort to level the playing field between property investors and home buyers, a new law ring-fencing rental losses looks set to come into effect on 1 April 2019.<\/p>\n<p>It means you\u2019ll no longer be able to offset tax losses from your residential properties against other income (e.g. salary or wages, or business income).<\/p>\n<p>However, the losses will be able to be used in the future when the properties are making profits, or if you are taxed on the sale of land.<\/p>\n<p>Need more information? Give us a call.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an effort to level the playing field between property investors and home buyers, a new law ring-fencing rental losses looks set to come into effect on 1 April 2019. It means you\u2019ll no longer be able to offset tax losses from your residential properties against other income (e.g. salary or wages, or business income). &hellip;<\/p>\n","protected":false},"author":1,"featured_media":221,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[490,493],"tags":[],"yst_prominent_words":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v14.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Own residential property? 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