PORTFOLIOS CAN REMAIN A POSITIVE EXPERIENCE
THE SITUATION
Derek is a successful businessman. He and his wife Jess own four Christchurch-based rental properties, all four considered “existing” under the new interest deductibility tax rules. So soon they’ll pay significantly more tax.
They plan to start a family in the future and will potentially go down to one income when that happens.
Because of that the couple wants their portfolio to remain positively geared even after interest rates rise and the new tax
