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  • elZorro's Avatar
    15-03-2019, 07:32 AM
    elZorro replied to a poll Capital Gains Tax in Elections
    I guess we thought that the capital gain alone would cover interest and costs, and that didn't happen with this bach to date. Average of about 2.5%...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    14-03-2019, 06:41 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    All those situations are very different, aren't they? So maybe a flat rule would be a bit cruel. Option 2 is not much different to 1, as the interest...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    14-03-2019, 06:33 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    I have to agree, we used our capital very inefficiently, it was a dog of an investment really, but we did enjoy the holidays. I was making the point...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    13-03-2019, 08:31 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    A bach may also be subject to CGT under the new regime, in that case there is no imputed rent really (and assuming it's not rented out at any stage)....
    555 replies | 50398 view(s)
  • elZorro's Avatar
    12-03-2019, 08:05 AM
    elZorro replied to a poll Capital Gains Tax in Elections
    I don't think they'll use the marginal tax rates with the CGT, and they'll have to be very careful around businesses and share portfolios, as you...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    11-03-2019, 08:24 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    In that case, why not do things the normal way, and buy a home first (or get into a leveraged home) and then start a business with the home as...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    11-03-2019, 07:42 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    My point is that the household residence isn't such a great investment, on paper. Running a business or property investment portfolio does allow some...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    11-03-2019, 07:22 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    I can see you have the mantra spot-on, MM. It's only fair that the tenants will pay for every last cent of your investment, and more.
    555 replies | 50398 view(s)
  • elZorro's Avatar
    11-03-2019, 06:01 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    Do you think they are crazy enough to give solid weighting to disingenuous advice from property investors FP? The standard household home was never...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    08-03-2019, 07:41 AM
    elZorro replied to a poll Capital Gains Tax in Elections
    Recent article on property investment, their example assumed the property was also paid off over 25 years. Even on conservative return settings, it's...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    06-03-2019, 07:58 AM
    I watched the parliamentary record posted above, she didn't lie but was obviously expecting Simon to make his typical insinuations about socialists,...
    2388 replies | 90301 view(s)
  • elZorro's Avatar
    05-03-2019, 08:46 AM
    elZorro replied to a poll Capital Gains Tax in Elections
    Even back in the day it was more expensive to slowly pay off a house each month, than rent. When you add in all the other risks and costs with home...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    04-03-2019, 07:02 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    Pretty disingenuous of you to constantly say that private dwellings should be subject to CGT when you realise it's not politically possible, and for...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    03-03-2019, 09:31 AM
    elZorro replied to a poll Capital Gains Tax in Elections
    Yes there is, the interest on private properties is an after-tax expense and not partly reclaimed in a set of books. Nor are any other costs like...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    02-03-2019, 08:46 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    Some farmers don't sell, the farm is passed on, so the CGT would roll over. I don't think this govt will bring in CGT without an allowance for...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    02-03-2019, 05:43 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    What does that say about Iceman? But to be truthful I often have to remind myself how GST works, and for products or charges towards ultimately...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    01-03-2019, 07:28 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    I thought this had been covered before. National (Bill English) used to say that lower income households paid no tax. Maybe no net income tax, but...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    28-02-2019, 07:35 AM
    elZorro replied to a thread National - FFS! in Elections
    More "poor maths" by National, this time Gerry Brownlee. Their facebook ad was pulled. ...
    209 replies | 7404 view(s)
  • elZorro's Avatar
    27-02-2019, 06:41 PM
    elZorro replied to a thread National - FFS! in Elections
    I would have thought heading up the country's public/taxpayer operation for a while (50bill or so turnover) would have taught her a few things, but...
    209 replies | 7404 view(s)
  • elZorro's Avatar
    27-02-2019, 07:42 AM
    elZorro replied to a thread National - FFS! in Elections
    The Mainzeal court adjudication doesn't help National's case much - a previous Prime Minister happily sitting on the board of a company that traded...
    209 replies | 7404 view(s)
  • elZorro's Avatar
    25-02-2019, 07:27 AM
    elZorro replied to a poll Capital Gains Tax in Elections
    Interesting chart FIsaver. I saw this comment from David Slack on CGT in the SST yesterday. ...
    555 replies | 50398 view(s)
  • elZorro's Avatar
    23-02-2019, 05:56 PM
    elZorro replied to a poll Capital Gains Tax in Elections
    I would bend the ear of my local Labour MP about the marginal tax rate being suggested across the board. Capital gains appear on average over a few...
    555 replies | 50398 view(s)
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