21 Apr What will my property investment holding costs be?
With today’s interest rate environment and investing in some key areas you might be surprised to find that an investment property can actually pay you to hold it, and reduce your tax along the way. It is important before making any investment decision to model your estimated income and expenses to produce a yearly cashflow expectation. There is some powerful software that can help you do this and it is a great way to understand the inner financial workings of owning a property, and to ‘try it on’ before you buy.
This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.