MA Real Estate for sale

When you are setting out to purchase the home you always dreamed of and saved for, you obviously want something more than just an anonymous set of walls in a congested city center. There is a lot more to the perfect home than good construction, layout and fittings - a residential property needs supporting social and physical infrastructure to become a suitable home.

Is trying to sell her ancestral property - a piece of land worth nearly Rs 10 chores in today's market. Being a senior citizen, she has put her son John in-charge to dispose off the asset. To be eligible for tax exemption , John was advised that he needs to invest in another property within a year. Still confused, he has approached a financial advisor to help him out with the nitty-gritties .


Buying property for investment purposes and selling it later... Like integrated townships, this compact and serviceable model offers home buyers everything they need for a comfortable and healthy lifestyle. Such projects have schools, shopping and entertainment facilities, healthcare and easy access to public transport. Also, they are a boon to people who wish to live in a non-urban environment while attending to their jobs in the workplace catchments of the city. MA Real Estate for sale  investors, on their part, can capitalise on the higher demand and therefore, the higher ROI (returns on investment ) that such properties offer.

Buying property for investment purposes and selling it later at a higher price has become a common habit. There is an aspect of these transactions which deals with the tax on the profits gained, which the seller needs to be aware of. If you sell real estate for a profit, you will need to pay capital gains tax on the money. The tax varies, depending on the time period the property was held on to. When it comes to long-term capital gains, which occurs when you sell a house after a period of three years, tax calculation involves what is known as indexation. The acquisition cost of the asset is recalculated based on indexation, which factors inflation in its calculation by using the Cost Inflation Index.

The benefit is that the tax on a longtime capital gain is taxed only at a 20 percent rate after indexation. This brings down the amount of tax payable considerably as compared to the short-term capital gain tax. Apart from this, you might be able to avoid paying tax on the sale of the house, and you also have options for reducing the tax burden following the sale of real estate. If the property is under construction, the two-year period is further enhanced to three years. However, you should not own more than one house, besides the house you are investing in.