Kiruthiga Sithamparesan’s Post

Real Estate Agents are receiving the biggest benefit of being self employed and receiving this tax credit back to them. Unlike the traditional return through this program people are getting their tax credits back within 7 to 10 days!!

Not only does real estate investing boost your wealth and make it cheaper to borrow money, but it comes with numerous tax benefits. You can make dozens of standard deductions to lower your tax liability yearly in addition to the tax deductions when you buy or sell an investment property, such as those for closing costs. What closing costs are tax deductible for a rental property? https://lnkd.in/e4cYEdpg

Do you own your #business or #commercial property? #Capital #Allowances are a form of #tax #relief for capital expenditure held within commercial properties. For commercial property owners and investors, these allowances likely hold thousands of pounds in unclaimed tax relief. If you would like to see if you are eligible please #getintouch

Unlock potential tax savings with active participation in rental real estate. Find out how! Read more 👉 https://bit.ly/4fENnFr #RealEstateInvesting #TaxPlanning #PassiveIncome #RentalProperty #RealEstateTax #TaxDeductions #RealEstateProfessionals #RealEstateFinance #RealEstateAdvice

Did you know that splitting or giving assets to your spouse or civil partner can help to reduce your Capital Gains Tax (CGT)? When you sell an asset that’s gone up in value since you bought it, you may have to pay CGT on your profits. By splitting your assets with your partner, both of you are able to use your individual CGT allowance and reduce the amount of tax payable overall. Such a transfer must be on an outright and unconditional basis. More here: https://bit.ly/466cMn7 This is not to be taken as advice and the value of any tax relief is generally dependent on individual circumstances.

What are the tax implications of property investment? Property investors may be eligible for tax deductions on mortgage interest, property taxes, depreciation, and expenses related to property management. Capital gains taxes apply when selling a property, corporation tax for limited companies, income tax, and VAT may all be considerations. Read more here https://bit.ly/3TeF36j #PropertyInvestment #RealEstateInvesting #InvestmentProperties #RealEstateWealth #ROI #CashFlowProperties #PassiveIncome #RealEstatePortfolio #PropertyManagement #BuyAndHold #CommercialRealEstate #ResidentialInvesting #RealEstateROI #InvestmentOpportunity #PropertyDevelopment #RealEstateMarket #IncomeProperty #RealEstateStrategy #WealthBuilding #PropertyFlipping #buytolet

Are You a Real Estate Professional? Being a #realestateprofessional can provide significant tax benefits. Taxpayers who qualify may be able to prevent the application of the passive activity loss (“PAL”) limitation rules while the rental income may be exempt from the 3.8% net investment income tax (“NIIT”). However, the requirements to qualify as a real estate professional are stringent. https://buff.ly/40pKdAk #realestateexpert #TaxBenefits #rentalincome

Own it…finance it…SAVE on taxes! 🏘️ If you own or finance a property with a $40k down payment, you're on the path to tax advantages like interest deductions and potential rental income. When it comes to real estate…there are valuable tax-saving strategies at every turn. 🫰 #cpa #property #rental #finance #taxes #realestate #investors

Own it…finance it…SAVE on taxes! 🏘️ If you own or finance a property with a $40k down payment, you're on the path to tax advantages like interest deductions and potential rental income. When it comes to real estate…there are valuable tax-saving strategies at every turn. 🫰 #cpa #property #rental #finance #taxes #realestate #investors

Own it…finance it…SAVE on taxes! 🏘️ If you own or finance a property with a $40k down payment, you're on the path to tax advantages like interest deductions and potential rental income. When it comes to real estate…there are valuable tax-saving strategies at every turn. 🫰 #cpa #property #rental #finance #taxes #realestate #investors