Investment Property

September 29, 2015

Here is one of the best financial strategies I have seen - make your next purchase of an investment property in a place you would keenly like to ‘Retire’ to.
It gives you:

  • time to see if you like that area

  • time to try staying in it

  • time to make your desired repairs and changes to the property whilst in a tax efficient environment (expenses on an investment property are deductible)

  • also, it suspends for a very long time any triggering of CGT.  If you keep the place for so long that it is bequeathed in your will, your beneficiaries only pay CGT if they sell it.  If they are happy to retire into it, it could be 50yrs+ until anyone pays CGT for the initial time you had it rented out. If you have no interest in buying a property, I’m not suggesting you change your mind, but for those who do plan a purchase, it’s something to keep in mind.

Please reload

Featured Posts

Sad Use of The Word ‘Perfect’

June 22, 2017

1/10
Please reload

Recent Posts

May 7, 2018

August 17, 2017

February 14, 2017

Please reload

Archive
Please reload

Search By Tags

I'm busy working on my blog posts. Watch this space!

Please reload

© 2015 by Pearman Financial & 

  • Facebook Clean
  • Google+ Clean
  • LinkedIn Clean