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This updated and revised edition of the bestselling The Complete Guide to Residential Property Investment in New Zealand is a crucial read for all property investors whether you are considering property investment for the first time, a new investor or have been investing for a while. Property investment is a business and needs to be treated as such.

Create Wealth will help you learn the skills to become a more successful investor – after all, it’s about making money!
This excellent practical guide helps you understand:

• how to create the right property investment mindset
• why property is a good investment
• the different property strategies
• how to make a sound investment to ride out both falling and rising markets
• how to have the right structures to legitimately maximise tax deductions
• how to calculate how much to borrow
• how to avoid legal problems & understand the legal process
• how to minimise your risk levels to ensure you have a ’safe investment’
• how to maximise the profits you can make.

The Complete Guide to Residential Property Investment in New Zealand provides several useful checklists and will become an indispensable tool that you revisit frequently.

Planning for Property Success is based on the premise that residential property investment is more like a business than an investment. To do well out of it you should develop a plan of exactly what you want to achieve.

As many investors have different backgrounds, financial situations, lifestyles, strengths and weaknesses, then their property plans need to be individualised.

The purpose of the book is to get readers to think about their current situation, what it is they want from property and help develop a plan that will map out how they are going to achieve their desires.

It does not promote a “best” way to invest in property; rather it helps you to develop the best way for you to invest in property. It does this by taking you through a systematic process of analysing yourself, including your financial and personal situation, how to develop meaningful goals, an explanation of different strategies plus when and who the different strategies are appropriate for, and how to pull this all together to determine what properties you are going to buy and how many properties you need to reach your goals.

The book has case studies to help explain certain points and stimulate ideas about how you can adapt strategies to fit your particular circumstances.

It is written in a practical, succinct and easy to follow format, which makes the information it contains easy for readers to follow and actually use.

“Winning the Game means Understanding the Rules”

A lively, easy-to-read book on a vital topic for every New Zealand property investor.

Author: Mark Withers

Updated second edition

Mark is my personal and business accountant and I still bought his book because even if you use a specialist property accountant, this book is still an essential read. You need to know that the advice you are receiving from your tax specialist is correct. You also need to have a good background in the subject so you are not just taking specialist advice in blind faith.

This book is a concise guide to essential information about tax and how to make sure you’re paying no more than you have to.

Accessible information, written in plain English with lots of practical examples, this updated edition of Property Tax covers the key issues of taxation affecting real estate investors in New Zealand.

Based on his ten years experience as an accountant and property investor, Mark Withers makes complex issues simple. He covers legal structures, GST, depreciation, rental yields, and what can and can’t be claimed. He shares his strategies for success as an investor and provides valuable hints for avoiding trouble with the IRD.

Read this book and expand your knowledge of:

• What you can claim
• Structures for ownership, including LAQC’s
• GST issues
• Depreciation
• When you should sell
• Implications of sale
• Successful investment strategies
• Boarders & Flatmates
• Holiday homes as investments
• Buying property in Australia
• Trading versus investing
• Taxable land transactions
• And much more…

Mark Withers is a chartered accountant and director of Withers Tsang & Co Ltd, a firm specialising in tax advice for property investors.

Mark is a popular speaker at Property Investor conferences and writes a monthly column in NZ Property Magazine.
He is a successful commercial and residential property investor himself, a founding member of the Auckland Property Investors Association.