Why dont you add the facts of NZ being a socialistic economy, where
taxes are just generally high. And please DO point out if these so
called properties you are regulary touting are actually turning a
positive income. This group is based on income properties, show us
cap rates, cash flow.... vacancy rates - not emotional lines designed
for the single family residence market.
Talk business, not fancy...
... then we might listen
- v (BTW Am a New Zealand citizen, so I do know, thats why Im here in
the United States!)
--- In incomeproperties@y..., NoAgents <noagents@h...> wrote:
> New Zealand has quite a unique position in the world.
>
> It hss a relatively stable economy, even with the last 12
> months upheaval around the world, the economy has been
> largely unruffled.
>
> However, the real advantage is the taxation. Think about
> this. What other country can claim the following:
>
> * no capital gains tax
> * no estate or death tax
> * no wealth tax
> * no transfer or stamp duties
> * unlimited loss deductibility
> * no mortgage interest claim limit
> * generous depreciation on purchase price not book value
>
> So, if you are looking at property investments, look no
> further. NoAgents has a growing list, and New Zealand has
> the environment to make it a great long term investment.
>
> Click below to find your next Investment Property
>
http://www.noagents.biz>
>
>
>
>
> Regards,
> The NoAgents Team
>
http://www.noagents.biz