Rent your property yourself
Renting out your own property in New Zealand requires compliance with the Residential Tenancies Act 1986, including providing a written tenancy agreement, meeting Healthy Homes standards, and lodging bonds with Tenancy Services. Landlords must ensure the property is tidy, safe, and maintained, while managing rent increases—limited to once every 12 months—and giving 60 days' notice.
Key Responsibilities for Private Landlords
• Tenancy Agreement: Must be in writing, signed by both parties, and include specific information.
• Bond Lodgement: All bonds must be paid to Tenancy Services within 23 working days.
• Healthy Homes Standards: Properties must meet standards for heating, insulation, ventilation, moisture ingress, and draught stopping.
• Rent Setting: Research market rents for similar properties in your area, as landlords cannot pass on letting fees to tenants.
• Tax Obligations: Residential rental income is generally taxable. For short-stay rentals (like Airbnb), if you rent for 100 nights or less, you can use the Inland Revenue short-stay standard-cost method to determine tax.
Tips for Success
• Insurance: Inform your insurer that the property is being rented to ensure coverage.
• Record Keeping: Keep detailed records of all rent payments and expenses.
• Property Management: If you are leaving NZ for more than 21 days, you must appoint an agent.
• A rent-to-own agreement allows a tenant to rent a property with the option to purchase it after a set period, often five years, helping them build equity.
For more information visit the Tenancy Services website
Base Package = $4200 +gst
Base Rental Maketing Package Includes:
• Photography
• 1 x Corflute Roadside Sign (1200mm x 900mm)
• 40 x A4 Presentation Folders to hold relevant property information, application checklist and forms
• TradeMe Property Bronze Listing
• Realestate.co.nz Bronze Listing
• Custom QR Code so people can easily access the property information online
• Custom online page to display property information and listing links
• Access to our "How To" information to help you prepare to rent
Optional Extras:
• Video - starting from $400
• Drone - starting from $200
Rent your property yourself
Renting out your own property in New Zealand requires compliance with the Residential Tenancies Act 1986, including providing a written tenancy agreement, meeting Healthy Homes standards, and lodging bonds with Tenancy Services. Landlords must ensure the property is tidy, safe, and maintained, while managing rent increases—limited to once every 12 months—and giving 60 days' notice.
Key Responsibilities for Private Landlords
• Tenancy Agreement: Must be in writing, signed by both parties, and include specific information.
• Bond Lodgement: All bonds must be paid to Tenancy Services within 23 working days.
• Healthy Homes Standards: Properties must meet standards for heating, insulation, ventilation, moisture ingress, and draught stopping.
• Rent Setting: Research market rents for similar properties in your area, as landlords cannot pass on letting fees to tenants.
• Tax Obligations: Residential rental income is generally taxable. For short-stay rentals (like Airbnb), if you rent for 100 nights or less, you can use the Inland Revenue short-stay standard-cost method to determine tax.
Tips for Success
• Insurance: Inform your insurer that the property is being rented to ensure coverage.
• Record Keeping: Keep detailed records of all rent payments and expenses.
• Property Management: If you are leaving NZ for more than 21 days, you must appoint an agent.
• A rent-to-own agreement allows a tenant to rent a property with the option to purchase it after a set period, often five years, helping them build equity.
For more information visit the Tenancy Services website
Base Package = $4200 +gst
Base Rental Maketing Package Includes:
• Photography
• 1 x Corflute Roadside Sign (1200mm x 900mm)
• 40 x A4 Presentation Folders to hold relevant property information, application checklist and forms
• TradeMe Property Bronze Listing
• Realestate.co.nz Bronze Listing
• Custom QR Code so people can easily access the property information online
• Custom online page to display property information and listing links
• Access to our "How To" information to help you prepare to rent
Optional Extras:
• Video - starting from $400
• Drone - starting from $200