Forget massive deposits, mortgages, and endless paperwork. Start building a property portfolio on your terms—own a share, earn rental income, and grow your wealth effortlessly.
Sign Up TodayThe best investments are the ones you don’t have to wait for. Browse exclusive property listings, see potential returns, and take control of your financial future—one share at a time.
Explore PropertiesHomeshare makes real estate investing simple, flexible, and accessible. Instead of buying an entire property, you can own a share of one—real ownership, with real benefits! Whether you’re looking to start small, earn rental income, diversify your portfolio, or enter the property market without massive deposits and mortgages, Homeshare gives you a smarter, more modern way to invest in real estate. Homeshare operates in accordance with New Zealand property and investment law, including the Financial Markets Conduct Act and Real Estate Agents Act (REA) requirements where applicable.
Every property on Homeshare moves through two key phases: Live Listings and Open Sales.
Live Listings = Early access. Secure your stake before shares sell out.
Open Sales = Trade property shares anytime in a flexible marketplace
The initial offering phase where you can commit to purchase shares in a newly listed property. During this phase, you can “subscribe” to buying shares, but ownership is not finalised until all shares are fully subscribed.
When subscribing, your committed funds are put on hold, and your shares are reserved. If the property doesn’t get fully subscribed within 90 days and is not extended, you’ll instantly receive a full refund (incl. any fees charged) and no shares will be issued.
Once a property is fully subscribed, ownership is officially transferred to you and reflected on your Homeshare dashboard, and the property moves to the open market (Open Sales). Here, you can buy or sell shares freely on our marketplace, providing flexibility to adjust your holdings, cash out, or increase your stake over time. Liquidity on the marketplace is dependent on the availability of willing purchasers at any time.
At Homeshare, we handle every aspect of property management, so you can enjoy the benefits of real estate investment—without the hassle. From tenant selection and rent collection to maintenance and compliance, our team ensures your property is professionally managed and optimised for returns.
In some cases, we partner with trusted property management agencies to oversee day-to-day operations.
We carefully vet tenants through background and credit checks to ensure they are reliable and financially stable. Our goal is to minimise vacancies, reduce risk, and maximise rental income by selecting tenants who are likely to stay long-term and take care of the property.
We also ensure each home meets the Healthy Homes 2025 standards for the well-being of all tenants. Find out more about what this means here: Tenancy Services - Healthy Homes
We handle all rent payments and arrears management, ensuring timely distributions each month. After deducting relevant expenses, net rental income is automatically distributed to your Homeshare wallet.
Learn more about how distributions are managed here: Earning & Withdrawing Your Income
From routine upkeep to urgent repairs, we coordinate with professional service providers to keep the property in excellent condition. Investors receive transparency on major expenses, with any costs first being covered from rental income.
Learn more about how maintenance costs are managed here: Understanding Expenses & Deductions
We handle all regulatory requirements, tenancy laws, and health & safety obligations, ensuring the property remains fully compliant with local legislation. This includes periodic property inspections and lease agreement enforcement.
Homeshare operates in accordance with New Zealand property and investment law, including the Financial Markets Conduct Act and Real Estate Agents Act (REA) requirements where applicable.
Each property will be insured with, at a minimum, an AA- (Very Strong) rated insurance company against damage and loss of rental income to protect both investors and tenants (subject to the terms of the policy). We seek to obtain policies that offer comprehensive coverage, ensuring your investment remains secure, even in unforeseen circumstances.
Learn more about what insurance company strength ratings mean here: MoneyHub - Insurance Company Strength Ratings Guide
Earning passive income from your property investments has never been simpler. Here’s how rental income works and how you can access your earnings.
Each month, rental income from properties is collected and distributed to investors. Your share of the income depends on the number of shares you hold in each property.
Before income is paid out, standard costs such as property management fees (typically around 7.5%) and any maintenance expenses are deducted. Homeshare then pays or sets aside any applicable tax under New Zealand’s Listed Portfolio Investment Entity (Listed PIE) regime—a system that simplifies tax and caps it at a maximum of 28% for most investors. The remaining net income is then deposited directly into your Homeshare wallet, with no further tax obligations for most New Zealand residents.
Learn more about how tax works here: How Taxes Work on Your Investment
Example: If a property earns $50,000 in gross annual rent, the first deduction is the property management fee (typically 7.5%), reducing the amount to $46,250. PIE tax is then paid or set aside from this figure. The remaining after-tax income is distributed to investors. If you own 10% of the shares, you’ll receive 10% of the final distribution.
Income is dependent on occupancy and timely rent payments. As property managers, we work to keep properties tenanted and rental income flowing at all times.
Your share of the rental income is automatically deposited into your Homeshare wallet each month. Track earnings in real-time and view detailed performance reports directly from your dashboard.
Withdrawing funds is quick and easy:
Log in to your Homeshare account and navigate to the wallet section.
Enter the amount you wish to withdraw and provide your bank details.
We aim to process withdrawals promptly. Funds should typically appear in your bank account within 1-3 business days.
Instead of withdrawing, why not put your earnings straight to work? With just a few clicks, you can reinvest directly from your wallet into new properties, increasing your holdings and compounding your returns over time.
No extra transfers or delays—your rental income is ready to reinvest instantly.
Expand your portfolio effortlessly and watch your property wealth grow.
Whether you're cashing out or reinvesting, your earnings work for you—on your terms.
While Homeshare simplifies property investment, it’s important to understand how expenses of each property and unit trust are managed.
Maintaining the property ensures stable rental income and preserving long-term value. Any maintenance-related costs are covered in this order:
Maintenance costs are first and primarily paid from the property’s monthly rental income. If a cost exceeds the rent collected in a given month, it will be covered across multiple rental payments until resolved.
In rare cases where maintenance costs exceed the available rental income over a sustained period (typically more than six months) and cannot be recovered through the tenancy bond, investors may be asked to contribute proportionally based on their ownership share.
Maintaining a property involves several key considerations to ensure its longevity and profitability. Covered maintenance typically includes routine tasks such as servicing heating systems, urgent repairs like fixing leaks, and general upkeep not falling under tenant responsibilities. The frequency and nature of these expenses are influenced by factors including the property's age, condition, and tenant usage patterns.
Maintenance costs can vary depending on the property, but as a general guide, investors might expect annual costs to fall between 0.5% and 2% of the property’s value. These figures are indicative only and should not be taken as a guarantee of actual future costs.
Decision-making regarding significant repairs is typically managed by Homeshare or an appointed professional property manager. These decisions are made in compliance with legal requirements and industry standards, ensuring that all maintenance actions align with required practices and safeguard the property's value and tenant satisfaction.
Each property is managed either directly by Homeshare or by a trusted third-party property manager. The management fee is deducted from rental income and reflects the level of service required based on the property’s age and complexity.
Typical management fees:
Properties under 10 years old: 7.5%
Properties aged 10–20 years: 8.5%
Properties over 20 years: 9.5%
These rates are consistent whether Homeshare or an external manager is appointed. The exact fee for each property is clearly shown on its listing page. These fees cover:
Tenant Management
Screening tenants, managing leases, and rent collection.
Financial Administration
Handling payments, tax filings, and investor reporting.
Property Oversight
Routine inspections, coordination, and legal compliance.
Operational Costs
Covering day-to-day management expenses and administrative costs.
Learn more about our fees and costs here: Fees & Costs
Each property may also incur standard ownership-related expenses such as:
Council Rates & Levies
Charged by the local council to cover services like water, rubbish collection, and infrastructure.
Insurance
Covers the cost of insuring the property and rental income against damage or loss.
Body Corporate Fees
Ongoing fees for shared areas and building maintenance. Applies only to apartments and some townhouses.
Ground Rent
A regular fee paid to the landowner for leasehold properties. Applies to leasehold properties only.
All foreseeable costs are disclosed in advance and detailed within each property listings outgoings/expenses section.
When investing in property shares through Homeshare, it’s important to understand how taxes apply to your investments. Homeshare operates each property under New Zealand's Portfolio Investment Entity (PIE) regime, which can offer tax advantages and simplify the tax process for investors.
This means that Homeshare, under the unit trust, will pay or set aside applicable tax on taxable income (broadly, rental income minus deductible expenses) and file this with the IRD before distributions are made to property share owners.
You should not have to pay any further tax or report any distributions you receive from a Listed PIE to the IRD if you are a New Zealand resident individual or trustee.
Learn more about how taxes work under New Zealand's Portfolio Investment Entity (PIE) regime here: IRD - Portfolio Investment Entities
Each Homeshare unit trust is intended to elect Listed PIE status. As a Listed PIE, your investment may benefit from the following:
The unit trust pays tax at a fixed 28% rate on its taxable income, which includes rental income minus deductible expenses.
Since the 28% PIE tax rate can act as a final tax, many investors may pay less tax compared to owning property directly.
Let’s say you own shares in multiple properties, and your share of net rental income (after expenses) is $50,000.
Under the PIE regime (28% tax rate): Tax on that income may be capped at $14,000, and the remaining $36,000 would be distributed to you.
If you owned the properties directly and were taxed at 39%: Your tax bill could be $19,500, leaving you with only $30,500 after tax.
That's an extra $5,500 in your pocket simply by investing through a Listed PIE structure.
If you are a New Zealand resident individual or trustee, distributions you receive from a Listed PIE generally do not need to be reported on your tax return. Exceptions:
If your personal tax rate is below 28%, you can choose to include the income on your tax return to claim imputation credits.
In the chance that the unit trust loses its Listed PIE status, it may instead be taxed as a company, affecting how tax applies to your investment.
Read more about PIE tax reporting, benefits, and examples here: BNZ - Understanding Portfolio Investment Entities
New Zealand does not generally have a capital gains tax, meaning you likely won’t be taxed on selling your shares.
Learn more about how capital gains tax works here: MoneyHub - Capital Gains Tax in New Zealand
Buying and selling shares on Homeshare is not subject to the Bright-Line Test. This is because you’re trading units in a trust—not directly buying or selling residential land.
You acquired your shares with the dominant purpose of selling them for profit.
You are a share trader or are selling shares as part of a profit-making scheme.
The above information provides a general overview of tax implications based on New Zealand tax laws. Tax treatment varies depending on your personal circumstances. The Homeshare unit trusts are intended to be Listed PIEs. However, Homeshare does not guarantee that the unit trust will achieve or maintain the Listed PIE status. If the unit trust fails to attain or loses its Listed PIE status, it may be taxed as a company. We strongly recommend seeking independent tax advice to ensure you fully understand your tax obligations.
Homeshare makes property investing flexible, accessible, and tailored to you. Whether you're new to real estate or an experienced investor, our platform gives you the tools to build, manage, and grow your portfolio—on your terms.
Invest from as little as 1 share out of 1,000 and grow at your own pace. Whether you want to test the waters with a single share or build a diverse portfolio across multiple properties, the choice is yours.
Spread your investment across different properties, locations, and sectors to reduce risk and maximize potential returns. Our platform features a range of properties so you can build a balanced, high-performing portfolio.
Unlike traditional real estate, Homeshare offers complete flexibility. Buy and sell shares whenever you want on our marketplace, without being locked into long-term commitments.
Put your earnings to work by reinvesting rental income or sale proceeds into new opportunities. With no rigid restrictions, you have the flexibility to expand your holdings and compound your returns over time.
We make property investment accessible by fractionalising ownership. Each home is divided into 1,000 shares (technically, these are units in a units trust which owns the property).
Owning just one share gives you a proportional share to the income generated by the property. Simple, transparent, and hassle-free.
Easily buy and sell your shares on our platform with just a few clicks.
With no minimum holding period, you can choose to buy and sell your shares anytime, anywhere, on our marketplace.
Owning shares means you’re entitled to a proportional share of the net rental income generated by the property.
Homeshare takes care of all aspects of property management, so you don’t have to lift a finger. Monthly payouts are made directly to your Homeshare wallet.
As the property market grows, so does the value of your shares. You could potentially sell your shares for more than you originally paid when this happens.
The property market can go down too, so it is important to be aware of the risks when investing.
Easily expand your portfolio through our marketplace. Browse available shares with transparent pricing and market information, helping you make informed investment decisions.
Whether you're diversifying your holdings or increasing your stake, buying shares is quick, transparent, and hassle-free.
Unlock liquidity by instantly listing your shares for sale. Our marketplace connects you with a network of available investors, ensuring a smooth and efficient selling process when a buyer is found.
With transparent pricing and market data, you can set a competitive price and have full control over your investment strategy.
