Real Estate Investing: Practical aspects retail investors should keep in mind

Here are some practical aspects of real estate investing that retail investors should be aware of. The article considers real estate as an investment and does not pertain to property purchase for self-occupation. About the author: Sid Joshi is a technology professional based out of Singapore. He is a keen personal finance enthusiast who loves to…

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Avoid Real Estate Investment Trusts (REIT’s) & InvITs! FAQ on Basics

Here is a ready reckoner FAQ on the basics Real Estate Investment Trusts (REIT’s) and Infrastructure Investment Trusts (InvITs) in the form of an FAQ. This covers key information for the layman and is meant to serve as a basic introduction. With Embassy office Park REIT IPO, there is a renewed interest in these instruments. However,…

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House property capital gains exemption with two new house properties

The government announced in the interim budget on 1st Feb 2019 that house property capital gains exemption under section 54 of the income tax act can be claimed by the purchase of two new house (residential) properties. Also read: Revised Tax Rebate Under Section 87A (FY 2019-2020) Explained Existing House property capital gains exemption (section 54) Section…

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FAQ: Real Estate Investment Trusts (REIT’s) and Infrastructure Investment Trusts (InvITs)

Here is a ready reckoner FAQ on the basics Real Estate Investment Trusts (REIT’s) and Infrastructure Investment Trusts (InvITs) in the form of an FAQ. This covers key information for the layman and is meant to serve as a basic introduction. With Embassy office Park REIT IPO, there is a renewed interest in these instruments. However,…

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Long Term Capital Gains Computation with base year 2001

Budget 2017 has proposed a slew of benefits related to long-term capital gains. The most important is the shift of the base year to be used for long-term capital gains computation for all asset classes. Here is a summary and illustration of long-term capital gains computation with base year 2001. 1: Change in duration for computation…

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Budget 2017: Calculate Revised Return from Your Rental Income

The rent received from a house property is treated as income and taxed as per slab. However, certain deductions are eligible for this taxable amount. Budget 2017  had restricted the amount of deduction one can claim. Here is an illustration and a revised real estate returns calculator. The taxable income is given by:  rent –…

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