Both property and stocks have their unique set of financial advantages. Properties offer consistent rental income, potential appreciation, and tax benefits, acting as a safeguard against inflation, much like how a durable brick house stands firm against gusty winds. On the other hand, stocks give...
Capital gains tax greatly influences the money you get after selling your investment property. It's the tax charged on profits when you sell the property for more than its initial purchase cost. Often, people are taken aback by the extent of these taxes, not realising it can quite heavily cut into their net profit. However, armed with this knowledge ahead of time, you can better plan your investments and sales. Now, let's delve deep into understanding capital gains tax.