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Interest Limitation Rules Also Do Not Apply To

Interest Limitation Rules Also Do Not Apply To - reztax blog img 1

Interest Limitation Rules Also Do Not Apply To

SOCIAL HOUSING

Some may view this as an incentive to rent properties as social housing, especially where the agreement in place provides for full remediation of damages caused by the tenants.

Another benefit of this option is the fact that the property investor will not need to fund the period between tenancies or deal with tenants not paying rent. For property to qualify as “Social Housing type Property” they need to be rented to Registered Community Housing Provider, State Housing through Kainga Ora or other government departments.

July 2022