Buy before the growth and hold with Matt George of Money Choice!
Why wait until house and property prices are already rising? 70% of capital growth happens
every two to three years of every decade, so now is a better time than ever to
buy. While experts can’t accurately pick when the growth will occur, all it
needs is to be in the market for a decade.
Let Matt
George of Money Choice get you as close as possible to the upswing. According
to Matt, there are many keys to long term property holdings, of which some are
mentioned below:
·
Sufficient
buffer
- · Tax variation
- · Depreciation schedules
- · Regular rent reviews
- · Landlord insurance
- · Diversified portfolio
- · Revalue every 12 months
- · Maximise available funds
Long-term gains are taxed at a special lower rate on
property that is held more than one year. It is recommended that you don’t sell
your investments exactly one year after you bought them, or you may end up with
short-term gain, and not long-term.
For more information on what long term property holding
means to you, speak with Matt George of Money Choice today.
No comments:
Post a Comment