sir1963:

 

Such as being able to use depreciation ?

 

Such as interest being tax deductible ?

 

And I believe that if I set up an Australian company the property would still be australian owned as such so you can avoid some of the additional taxes.

 

Also if I go over a week before the wife and stay 6 months and she stays a week longer than me, we can be eligible for the tax for locals as well as still qualify for NZ benefits.

 

We get to winter over somewhere warm.

 

The 8 weeks over Xmas and New Year will more than pay the 20k a year body corp fees.

 

You actually cannot avoid most additional taxes and stamp duties, because they're applied to all investors not just to foreigners (though the tax rates are higher again for foreigners). You also reduce interest deductibility and depreciation if you live in the property - at all. You also cannot be eligible for NZ benefits and still be taxed as Australian because being Australian tax resident would disqualify you from receiving benefits from WINZ, and not being Australian tax resident would qualify you as a foreign investor.

And more importantly, you can't just boot tenants out so you can move in over Winter. That's the sort of "bad landlord" that this website claims is its reason for existence - and that's been illegal in Queensland for about two years now.

I said you wouldn't invest in Australia because the states have curtailed the property rights of residential tenancy operators significantly to the benefit of residential tenants, and you're very much a laissez-faire capitalist.

wellygary:

 

The data provided by the original website isn't new, The media covered it in 2021

 

https://www.stuff.co.nz/life-style/homed/housing-affordability/300415265/mega-landlords-over-22100-homes-owned-by-small-group-of-very-large-investors

 

"The analysis, which cross-referenced names on roughly 1.7 million publicly available property titles, shows investors with up to two properties only own just over a third of investment properties.Investors with three to five properties own over 41,000 more homes than those with one or two."

 

The Stuff series has been covered earlier in this thread. Stuff actually performed manual data analysis in order to substantially mitigate the errors inherent in the lack of individual differentiation in the LINZ data - errors that this website simply handwaved away in their effort to present homeowners as demons to be condemned.