Boarders
| # | Post |
|---|---|
| 1 | Looking at getting a boarder or two. Is there a proper document stating what you have to provide a boarder? Or is it just upto the agreement you have with the boarder ? Mainly i dont fancy cooking or doing there laundry and i don't see anyone wanting me doing those things for them. No wonder people cant find anywhere to live what a circus they make it. brants - 2021-01-07 17:30:00 |
| 2 | You used to be allowed four and charge them 250 each with no requirement to even mention it to IRD.. or social welfare unless you are getting extra benefits such as power or accommodation. Both agencies have info on their web sites.. The arrangement and agreement is entirely up to you.You can provide meals or food or not, laundry or not, whatever they are agreeable to. mechnificent - 2021-01-07 17:36:00 |
| 3 | Unless you are providing services such as food or laundry then they aren't boarders. sparkychap - 2021-01-07 17:39:00 |
| 4 | It would be a good idea to discuss it with any potentials and stipulate what is included. I've always supplied the things that any visitor might expect to get, so coffee and sugar and soap and dunny paper, stuff like that. and also kitchen basics like cooking oil and flour and salt and pepper and small stuff.. I never really stipulated every little detail though, just discussed it with them. Basically they bought what they liked to eat was the deal. Power can be discussed if they like to stay up all night gaming. mechnificent - 2021-01-07 17:43:00 |
| 5 | Wrong Sparky. If they have "exclusive access", to the property, then they are renting and you have to have their permission to be there. If the access is shared then it's boarding. It's the "access", that defines it. mechnificent - 2021-01-07 17:45:00 |
| 6 | mechnificent wrote: Nope. sparkychap - 2021-01-07 17:46:00 |
| 7 | Check out the ird website, that has all the information you need, I think you can bend things a little, don't get the maximum rent, drop it back a bit, supply a few takeaways, things like that. All good. msigg - 2021-01-07 17:46:00 |
| 8 | Think boarding house.. a big place with more than four, or more than six, which are two cut off points for what's needed.. In a big place, perhaps a dozen rooms, you don't have to be there cooking for them all at whatever time they might get home.. mechnificent - 2021-01-07 17:48:00 |
| 9 | A boarding house tenant and a boarder are different things. sparkychap - 2021-01-07 17:49:00 |
| 10 | Yes Sparky.It's whether the access is exclusive or not that is the only defining feature of board. mechnificent - 2021-01-07 17:50:00 |
| 11 | mechnificent wrote: No its not. sparkychap - 2021-01-07 17:52:00 |
| 12 | Yes Sparky. A boarding house has requirements.. But not for less than four. mechnificent - 2021-01-07 17:52:00 |
| 13 | You're misunderstanding the definition. Its all to do with tax, not the RTA. sparkychap - 2021-01-07 17:54:00 |
| 14 | https://www.cab.org.nz/article/KB00000813 mechnificent - 2021-01-07 17:54:00 |
| 15 | "A boarder or home-stay student rents a room in a private home. They get meals and other care and services as part of their rent. They are different to flatmates who share a house, expenses and chores. Usually one flatmate will be the tenancy holder." IRD. sparkychap - 2021-01-07 17:55:00 |
| 16 | No Sparky. The definition of a border, and whether you have to cook or feed them, has nothing to do with taxes. mechnificent - 2021-01-07 17:59:00 |
| 17 | mechnificent wrote: You better let them know that, then. sparkychap - 2021-01-07 18:01:00 |
| 18 | Oh.. Just had a look and there are new rules.. I concede Sparky.. mechnificent - 2021-01-07 18:04:00 |
| 19 | Still doesn't stipulate what meals or food though.. Must be negotiable... I like oysters for my dinner. mechnificent - 2021-01-07 18:05:00 |
| 20 | These aren't new rules. Been like this for ages. sparkychap - 2021-01-07 18:06:00 |
| 21 | mechnificent wrote:
Well I got to give it to you for conceding like that. Highly irregular here despite the usual overwhelming propensity of evidence. johnston - 2021-01-07 18:08:00 |
| 22 | mechnificent wrote: This is certainly true - there's no specific written requirement, like you must cook poached eggs, smoked salmon and decaf soy latte, but it would come down to what the IRD considered reasonable in the circumstances. Buying the odd pizza is unlikely to satisfy their requirements. sparkychap - 2021-01-07 18:11:00 |
| 23 | johnston wrote: Ditto, respect for that Mech. Edited by sparkychap at 6:12 pm, Thu 7 Jan sparkychap - 2021-01-07 18:12:00 |
| 24 | Actually.. I take it back ! There is no obligation to cook of feed.. It's all negotiable and as I said.. Govt site says so.. Ya can't trust a lawyers site haha. mechnificent - 2021-01-07 18:13:00 |
| 25 | From ird private boarders and home-stay students are different to flatmates. When boarders rent rooms in your house, part of the rent they pay is for services. These are services like meals or laundry. If thats all there is its very vague. It even says meals or laundry meaning i could negate meals or laundry or both in my view. Is this the most official thing there is ? brants - 2021-01-07 18:14:00 |
| 26 | mechnificent wrote: Provide that link pls. sparkychap - 2021-01-07 18:16:00 |
| 27 | But but but I've changed my mind... But I would concede if I was wrong..(as if). mechnificent - 2021-01-07 18:18:00 |
| 28 | IRD.. It says "like meals".. we all know IRD aren't vague unless it is vague and only a guide.. mechnificent - 2021-01-07 18:21:00 |
| 29 | Do boarders have to live in houses that have insulation and heating as per the new regs for rentals? lovelurking - 2021-01-07 18:27:00 |
| 30 | lovelurking wrote: Nope they are excluded from the RTA and related requirements. sparkychap - 2021-01-07 18:30:00 |
| 31 | I looked at several govt and tax sites and they all say "typically", or "probably" in regards to food or services.. No stipulation that food or services are the defining feature of board versus rent..They all say it's the sharing that defines board.. None say you have to provide anything but a room, shower , toilet and laundry. The definition of rent is that you get "exclusive access' to the property.. Everything else is board, and highly negotiable.. I think in recognition of the fact that borders are often family. mechnificent - 2021-01-07 18:43:00 |
| 32 | Anything that's a legal requirement govt agencies always stipulate absolutely.. "Must", "required".. stuff like that. mechnificent - 2021-01-07 18:45:00 |
| 33 | Why have boarders at all? Why not have flatmates? There is a flatmates agreement on TT website that you can use. shanreagh - 2021-01-07 18:55:00 |
| 34 | Very good i cant find anything else either. Thanks for the replies everyone. brants - 2021-01-07 18:59:00 |
| 35 | mechnificent wrote: And he's wrong again. sparkychap - 2021-01-07 19:02:00 |
| 36 | No Sparky.. govt agencies are very precise... You need to read carefully. They often make suggestions like "you may have to pay tax on it".. Doesn't mean it's so at all. mechnificent - 2021-01-07 19:04:00 |
| 37 | The one hard and fast definition of a boarder is that they don't have "exclusive access".. mechnificent - 2021-01-07 19:07:00 |
| 38 | mechnificent wrote: No, mate, please. Read the IRD website. Under "renting out a room in your own house" it makes a distinction between a flatmate and a boarder. All to do with services provided and nothing to do with exclusive access. Edited by sparkychap at 7:15 pm, Thu 7 Jan sparkychap - 2021-01-07 19:13:00 |
| 39 | shanreagh wrote: Tax treatment for boarders is better than for a flatmate. sparkychap - 2021-01-07 19:21:00 |
| 40 | It says like meals or services Sparky. It's not a stipulation like they would say if it was an absolute requirement.. The law is always very explicit and exact. mechnificent - 2021-01-07 19:26:00 |
| 41 | I'm off though so don't get too engrossed on my behalf.. Leave that to the Lemon.. mechnificent - 2021-01-07 19:27:00 |
| 42 | mechnificent wrote: Yes, you are right. The IRD is very explicit in it's determinations. Edited by sparkychap at 7:31 pm, Thu 7 Jan sparkychap - 2021-01-07 19:30:00 |
| 43 | sparkychap wrote: I also take this back. Are you related to painterman, mech? sparkychap - 2021-01-07 19:34:00 |
| 44 | You shouldn't be so easily/quickly swayed Sparky.. We need to form our judgements carefully.. mechnificent - 2021-01-07 20:53:00 |
| 45 | mechnificent wrote: Indeed. You still sticking to your access nonsense? sparkychap - 2021-01-07 20:56:00 |
| 46 | Renting out to flatmates If you, or someone in your flat, collects rent from the others to pass on to your landlord, the income is not taxable. There’s no need to do anything. If you own a home and get flatmates in, you may have tax to pay on the profit from renting to them. Use the actual cost method to see what tax you may have to pay: Actual cost method for working out rental income and expenses Renting out to private boarders or home-stay students Taken from IRD page! The bit at the end "These are services LIKE meals or laundry" smallwoods - 2021-01-07 21:30:00 |
| 47 | I'm so board. apollo11 - 2021-01-07 21:31:00 |
| 48 | smallwoods wrote: Actually, it does. regular meals are an essential part of the definition of a boarder. sparkychap - 2021-01-07 21:34:00 |
| 49 | apollo11 wrote: with the USA.... Edited by sparkychap at 9:37 pm, Thu 7 Jan sparkychap - 2021-01-07 21:35:00 |
| 50 | sparkychap wrote:
Must be in another part, because that was all that was on the IRD page. smallwoods - 2021-01-07 21:46:00 |
