Living in a Kuala Lumpur city center is still something they would rather not do for some. People often think of somewhat dilapidated houses in drab neighborhoods. That was often true in the past, but nowadays there are numerous cities that are making efforts to make the city center an attractive place to live.
Investing in real estate does not only mean making the right choice in terms of location, but also in terms of taxation. If you do it right, you can optimize your tax portfolio. For the Dutamas apartment for rent in Kuala Lumpur, you can have the best choices now.
This goes as follows:
If you buy a second home worth 250,000 euros, you pay about 500 euros with property tax annually. In addition, you will be taxed in your personal income tax on the property income. This is the tax on the cadastral income (KI) of your real estate.
Let us assume that the KI amounts to 1000 euros, is indexed annually (1.7491 the assessment year 2018), and increased (x1.4). In that case, the taxable amount is rounded off $ 2500, which is taxed in the personal income tax at the highest rate. For most of us that are 50%. So you pay $ 1,250 more in taxes per year.
On the other hand, you can deduct an interest payment from that taxable income. By way of illustration: if you borrow 125,000 euros at an interest rate of 2%, you pay $ 2500 in interest. You can deduct that amount from your taxable amount. That is therefore $ 2500 – $ 2500. You neutralize the tax consequences of your investment. However, it is not easy to arrive at the right amount to borrow. So let yourself be guided by a bank adviser.
Investing in real estate becomes a lot easier with these tips. Before you start investing in real estate, it is important that you determine what your goals are. If you decide to rent out your purchase, the Dutamas house for sale, you should take several things into account. With a sale with added value, you get the greatest return from the Dutamas Property. Whatever you do, everything depends on its location. That is the most important factor for successful real estate investment.
The answer is simple: the center
Thanks to its central location, you have a bakery nearby, there are close to schools and you have regular public transport nearby. These are factors that are important to both you and a future tenant. Can’t find a centrally located property in which to invest? Then look for a building near an approach road or an important thoroughfare.
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