Quote Originally Posted by voltage View Post
After processing tax summaries for my rental properties I wonder now with future capital gains tax on the horizon and slowing capital gains is it worth the hassle. Your financial reward comes from capital gain not the rent. Maintenance is always an underestimated cost. With a very low yield of 2-3% there is no reward for the risk. Maybe property shares or blue chip dividend stocks are the way to go.
For an historical comparison:
Over the time you have held your properties, calculate what the taxable return was and compare that with the estimated capital gain on your equity invested.

Compare that with the capital gain and taxable income on a similar investment over the same period in (say) the listed kiwi Properties (KPG) or any other blue chip listed company.

As for the future - any capital gains tax that may be introduced may also be applied to an investment in a listed company.