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Courses/Accounting & Tax/Real Estate Tax

Residential Rental Loss Ring - Fencing Practical

Learn how residential rental loss ring-fencing applies in common scenarios, including property sales, trusts, overseas property, and the interplay with interest deductibility.

Created byTEO Training
BeginnerUpdated Jan 18, 2025
Residential Rental Loss Ring - Fencing Practical

What You'll Learn

check_circleUnderstand the rules surrounding Residential Rental Loss Ring-Fencing.
check_circleApply these rules to your clients’ circumstances.
check_circleAdvise on the resulting tax implications.
check_circleConsider the implications of debt relief.

About This Course

This webinar provides an overview of the rules surrounding the ring-fencing of residential rental losses and how they apply to various common situations, including:

  • Ownership of a single residential rental property (short-term or long-term)
  • Ownership of multiple residential rental properties (short-term or long-term)
  • Bare land used for viticulture/agriculture, and scenarios where a dwelling can be erected on it
  • A property portfolio owned in a trust or a look-through company, and the sale of a property
  • Sale of a property subject to land taxation rules or the bright-line rule
  • Interplay with interest deductibility limitation rules
  • Ring-fenced loss situations when one or more properties are sold
  • Considerations for interposed entities
  • Implications for overseas rental properties
  • Mixed-use properties versus ring-fencing rules

In each case, we will discuss the legislative requirements and work through practical examples to clarify how the rules apply. We will also briefly touch on the proposed rules regarding debt relief.

 

Suitable for: This course is suitable for junior to advanced accountants in public practice who are working with residential rental properties. It will also benefit corporate accountants involved with businesses owning residential rental properties.

Your Instructors

TEO Training
TEO Training
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star224 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Daniel  Gibbons
Daniel Gibbons

Partner at Findex/Crowe

Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 16 years, where he advises on a wide range of tax matters, including property transactions and property ownership structures, international taxation issues, the tax treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.

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