Is property management fee tax deductible in New Zealand?

Property Management

Short answer
Yes, property management fees are generally tax deductible for rental properties in New Zealand.

Why it matters

  • Fees are considered a rental operating expense
  • Letting fees are also deductible
  • Records should be kept for IRD purposes

Need help with property management in Wellington?
Our Wellington property management service can help ensure your rental expenses are managed correctly.

ngpm.co.nz

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PROPERTY MANAGEMENT
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