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Tax Benefits
Tax deductions on Real Estate can offset income and reduce overall taxes. There is no self-employment tax on rental income. At the same time, the government offers tax breaks for property depreciation, insurance, maintenance and repair expenses, legal fees and even interest paid on a mortgage Real estate investors get lower tax rates for their long term investments. Reasonable costs of owning, operating and managing property are easily deductible
Leverage
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A very significant benefit of Real estate investment is the ability to use Leverage by investing just a small portion of one’s own money and borrowing the rest of the money to buy a property. If you come up with a down payment from your savings and acquire a housing loan to cover the rest of the cost of the property, you can invest in prime real estate for as little as 15 % of the total purchase price. This means only a tiny fraction of your own money is invested in the property, but you still get to be the owner of the property It also ensures you don’t put the entirety of your life earnings in Real Estate and save some for the possibility of emergencies
TangibleAsset
Property being a tangible asset can be leveraged to capitalize on numerous revenue streams while enjoying capital appreciation. The high tangible asset value ensures everlasting security as there will always be value in Real Estate, unlike other investments such as stocks with low or no tangible value. Real estate is easy to purchase, convenient to finance, gives tax advantages, improves your lifestyle and is devoid of any insurmountable financial barriers If you are planning to buy property in Jodhpur then you can hire Surana Realtors, which are the best property dealers in Jodhpur Hence, Real Estate, even today, remains one of the most advantageous investment options.