If you plan to lease out your second house on a full-time or regular basis, knowing how the income will be taxed allows you to strategize in advance and maximize post-tax returns.
Rental income can be a steady support, but it needs planning and protection to remain reliable in retirement.
ITR Filing: Rental income, dividends, and capital gains from real estate investments are all taxed differently. A look at how the tax laws look at the different types of investments.
According to a survey, pent-up demand, high vaccination coverage, and the reopening of multiplexes will be the key drivers of a 30% increase in rental income for retail malls in this fiscal year compared to previous.
The government can consider extending the harbor limit to 20 per cent for next three to four years.
The annual value of a house property is the amount of rent which it is reasonably expected to earn
Igatpuri, situated in the Western Ghats on the Mumbai-Nashik Highway, is emerging as a popular second home destination. Chaitali Parikh Mehta, owner of Inscape Designers, Mumbai, whose family has a farmhouse on the outskirts R
With rapid computerisation, an individual‘s PAN (Permanent Account Number) has become an important document, for many financial and non-financial transactions. It is equally important for buying or selling properties or leasing it out. R
Taxation of rent received The Income Tax Act of India has a specific head of income, titled ‘Income from house property‘, to tax the rent received by an owner of a property. So, any R
The rental housing market has evolved over the years, with new legislations and registration procedures that help to protect landlords against the potential risk of tenants violating terms and conditions of the rental agreement. R
From the initial choice, to finalising the purchase of your first rental property as an investment, there‘s plenty of planning and work involved. You should begin hunting for your rental investment property with an R
Earlier, whatever interest that a borrower paid against a housing loan, was allowed to be completely adjusted from the income, as a deduction. Now, this deduction has been capped to Rs 2 lakhs and R
For a long time, the property market was going through the problem of excess unsold inventory, but the property rates were not falling. Now, according to various media reports, property rates have fallen, after R
People often do not recognise the difference between residential and commercial properties, while making an investment and therefore, tend to focus on just one type. The leasing businesses in the residential and commercial segments, R
Almost all the public sector and private banks, offer loans against future rentals. With this facility, home owners can avail of a line of credit, on the basis of future rentals for their house R
With more families able to depend on rental properties, the city‘s housing market as a whole gets more standardized.
It makes a lot of sense to buy a property after due diligence in the right location in the depressed market. There is a high possibility that it will deliver high returns in the long term.
Choose the right form for filing your income tax. Also note the additional disclosures sought by the income tax authorities.
Before taking a decision to either buy or sell an investment property, a thorough understanding of the current local property market is a must.
Nesco signed MoUs with two MNCs for renting out your new IT building. Talking about the deal, Sumant J Patel, chairman and managing director of Nesco says the company has already leased about 1,50,000 sq feet and before the end of December, he says they should be able complete the MoUs for all the remaining space.
I was a Boy Scout in my younger days, and our motto was "Be Prepared." As I awoke to the tragic news of the Mangalore air crash last weekend, I realized that these words could well have been a financial planner’s motto. After all, our job is to protect against risks; we believe that returns will follow.
In an interview with CNBC-TV18, Amit Sarin, Director & CEO, Anant Raj Industries spoke about the latest happenings in his company and sector.