I've not heard that real estate investors psy tax for their property, but those living in the government real estate apartment is subject to paying of tax to maintain those building.
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There is no business that it's not been taxed by the government and real estate is not an exception, because of the high income in real estate most times their taxes are normally very high.this is actually a worldwide issue, here in my country, people that are reselling buildings or houses, don't actually pay taxes, as it's not a regulated business
The thaksin regime of the real estate sector in my country is quite expensive and so this always hard to the final prices of most real estate structures in my country and this also lead to expensive Properties little everywhere without people buying them or renting them.Yes, just like everything else we have to do in real estate. Sadly there is more to be done. The government must consider this and we the people should not only talk about property tax but also the issue of other taxes.
Is there really a thing we can do about this?The heavy taxation that is accrued to real estate Business is a cause for serious concern, Government has targeted the sector which has resulted in high taxation on real estate properties being taxed so heavily by the government.
As real estate enthusiast, how can we solve or reduce this problem?
The heavy taxation that is accrued to real estate Business is a cause for serious concern, Government has targeted the sector which has resulted in high taxation on real estate properties being taxed so heavily by the government.
As real estate enthusiast, how can we solve or reduce this problem?