Managing a rental property
If you're renting out a property, including short-term like AirBnB, then you'll have tax to pay on the rental income you earn. This rental income could be from renting out land, buildings, a holiday home, or a room in your own home.
Watch our short video about receiving rental income.
Flash video | 2:05 mins
View transcript › Things you need to know
rental income has to be taxed in the same year that you receive it
special rules apply to the rental of short-term accommodation such as AirBnb.
Learn more about these rules there are some expenses related to maintaining and renting out your property that you can claim for
there is no GST on residential rental property. However, if you own an investment apartment with a management or service agreement in place, there may be GST implications to consider, and
if you switch between renting out property and property dealing, you may be liable for tax when you sell.
Find out about ...
Your tax obligations
Putting it right Useful information
Tax and your property transactions (IR361)
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Find out about selling a property