Money Mail 160 - Rental Property Interest Changes

From the 1st of April 2023, interest incurred on rental properties will now only be 50% tax deductible. We are going to learn about this because it’s actually quite a big deal and something you will hear a fair bit about this year. Before we do, let’s go back to basics....New Zealanders have long had an obsession with rental property investment.<br /><br />Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our week...