Are you still claiming mortgage interest on your NZ rental property? Here’s what’s changed under the latest IRD rules: - 🏠 Interest deductibility is being phased out for residential rentals - 💡 Some exemptions apply (e.g. new builds, boarding houses) - 🧾 You’ll need to track interest expenses separately for eligible and ineligible properties Make sure you update your rental income calculations and keep evidence of how loans are applied. Need a hand interpreting the rules? We're here to help.