2 BHK Flat in Pune: Investment Strategiesby Vijaya Singh Marketing Manager
Essential Investment Strategies in Real Estate
One of the first factors that attract many investors to alternative investments like real estate is the huge advantage that tax benefits can provide. When entering into work life, it becomes apparent that much of what we earn ends up being paid in taxes, Flat in Chennai and most of us must work several months just to pay our taxes for the year. But investing in real estate offers a way to reorient some of that tax money toward a better destination. There are different options for this:
Deduct mortgage interest on the annual return. According to the website, "If you are paying for a home with a mortgage loan, you can obtain a tax benefit and deduct the actual interest earned and effectively paid during the previous year's year, through the institutions that are part of the financial system, namely and, among others."
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According to Forbes, when you sell your house, you are exempt from paying the Income Tax if your income was up to as long as you believe that you live that property by showing receipts of light, telephone, bank statements, commercial houses or non-bank credit cards and a voting credential with the indicated address. This exemption can only be done once every five years.
Created on Oct 14th 2017 02:45. Viewed 272 times.