Hi MM and bleg

Thanks very much for the tips. Your comments bring a few things to mind:

Taking about buying a 'home' but renting out until I move in scenario - If IRD won't allow expenses claimed in this case do I also have to return the rental income since my intention would be to help pay off the mortgage until I moved in, not to make a profit? In theory if I'm not allowed to claim expenses because my intention is not to crate a profit, then i should have to return tax on the rent received either.

Um... and would this forum discussing ideas like this be considered part of an auditable trail? (Assuming they could identify me in real life... which I probably just answered my own question... but still...)

Thanks again

Razor