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  • NZ Property Investor

    AIRBNB GST TRAPS

    Feb 27, 2020 2 minutes

    Prior to Christmas, the IRD issued a draft statement confirming some of the traps that exist when renting out property via platforms like Airbnb and Book a Bach. This month I thought I would set out examples that we have seen over the past few years as use of these peer-to-peer sites has exploded.

    TRAP ONE – CLAIMING GST ON PURCHASE

    Ron and Leslie bought a coastal property as an investment.

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