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Old 18-09-2006, 07:37 AM
xander xander is offline
Junior Member
 
Join Date: Sep 2006
Posts: 2
Default Development and Investment

Hi there,

we are busy doing our research on PI as that is our long-term goal in having success in NZ.

Now I was wondering is it acceptable for us to do property investment as well as property development(trading)?

We would be running it as 2 separate businesses. I will do the development (trading) while my wife does PI.

Is that viable or does the IRD look at it as we are a married couple we are doing this as one business.

Any thoughts?

Cheers
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