Property's capital gains have dried up, tax rules are going against landlords, and costs keep rising. Meanwhile, business sales are still tax-free and you have more control your own income & asset value.
Luke breaks down why Kiwis are finally waking up to business as the superior asset class: no capital gains tax, better expense deductibility, and you're in control of the revenue. We cover why property feels harder when there's no capital growth, the aging business owner opportunity, and why the tax trend favours business over property.
Most people on the rich list built wealth through business, not property. Maybe it's time New Zealand caught up.
The old path was education → job → property → repeat. The new path might be business ownership, tax-free capital gains, and actual control over your financial future.
If you're interested in working together:
Visit our website https://nextadvisory.nz
Let's connect over a quick call: https://calendly.com/philsmith/
Instagram: https://www.instagram.com/nextadvisory.nz/
New Zealand