Property Manager

Tax guide for New Zealand self-employed property managers

Allowable Expenses

  • Vehicle expenses — Property inspections, tradesperson coordination — km rate
  • Software — Property management software (PropertyMe, Console, Palace)
  • Professional memberships — REINZ membership, industry association fees
  • Home office — NZ$5/week or actual proportion
  • Advertising — Tenant sourcing, Trade Me rental listings

Tax Tips

  • Property inspection mileage is fully deductible — keep a detailed log
  • Property management software subscriptions are 100% deductible
  • If you also own rental properties, keep investment income separate from management income

Frequently Asked Questions

Do NZ property managers need to register for GST?

If your property management fees (not rental income collected on behalf of owners) exceed NZ$60,000 per year, you must register for GST. Rental income you collect on behalf of property owners is not counted towards your own turnover.