SBA (Small Business Accounting) Lower Hutt

Can’t I just do my own rental property accounting?

Most people will be able to do their own day to day bookwork for their rentals including managing rental income and expenses using a simple spreadsheet or online accounting software like Xero. However you will need an accountant at the end of each financial year to prepare and file a set of accounts for your rental investments to keep you compliant with the IRD.

Do I still get a discount if I am not a Rentall client yet?

Discounts only apply to Rentall clients using SBA (Small Business Accounting) Lower Hutt. Once you are our client, we’re happy to make an introduction to the SBA Lower Hutt team to begin that journey and make your rental accounting easy from the get go.

What accounting do I need for my rental property?

To keep compliant with the IRD you will need to keep a record of income and expenses for each rental property together with any invoices. Your accountant will then take that information and prepare a set of accounts which will produce an IR3 which they will lodge with the IRD.

How can an accountant help with my rental property?

An accountant can make managing your rental property much easier by keeping your income and expenses accurate, compliant, and tax efficient. We make sure you’re claiming all allowable deductions – like rates, insurance, repairs, and accounting fees and staying on top of IRD rules for things like interest limitation and healthy homes compliance.

With SBA Small Business Accounting, you’ll get full support for everything from preparing your rental statements to filing your tax returns and advising on the best structure for your property investments. We’ll help you maximise your deductions, stay compliant, and save time at year-end.