As the property management division of Harcourts Charlton Realty, we are essentially risk reduction specialists. We ensure you receive the highest possible return on your investment. We do so by maximising your income with regular inspections keeping your maintenance costs down.
Under the astute leadership of manager Joanne Rae, business for the highly experienced Auckland rental property management team at Charlton Property Management has snowballed since our launch. We owe much of our success to our team’s:
All these values are deeply ingrained in each team member. As such, we have been successful at encouraging clients to offload all the stress and anxiety that comes with being a landlord. We are fully up-to-date with complex legislation around tenancies contained within the Residential Tenancies Act and understand everything that is required of both landlords and tenants. Unlike many other property companies, all the owners are licensed under the Real Estate Agents Authority.
Additionally, our multinational team members are equipped with fluency in Mandarin and Thai — making transactions in different languages a breeze.
The IRD have proposed changes to rental losses & while these aren't yet law, the proposal is that these rules will come into effect from 1 April 2019 (for the March 2020 financial year).
The new rule will be that losses from rental properties are ring fenced. What this means is that rental losses will no longer be able to be offset against other income (such as wages or self-employed income) like they currently can be which results in a tax refund.
Rental losses will only be able to be offset against rental income - either from another rental property which makes a profit, or in the future when your current property makes a profit.
These rental losses will carry forward each year until such time that you have a rental profit in which case they can be offset against them.
You can read more information on this here:
To download a Tenancy application form click here