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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sun, 06 Mar 2005 10:58:31 +0000
/ Author of the message: Stormlx |
Title of the message: |
FT: On UK buying-to-let: funding options
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Text of the message: |
Hidden rule uncovers funding By Isabel Berwick Financial Times Published: March 4 2005 16:36 Thousands of buy-to-let property investors are missing out on a little-known Inland Revenue rule that could cut the tax bill they pay on rental income. Under widely-recognised Revenue rules, mortgage interest payments on buy-to-let properties can be offset against rental income from tenants. But many buy-to-let investors are failing to take advantage of much overlooked rules that could allow them to increase the mortgage on their rental properties, release some cash and, in the process, cut their tax bill on rental payments. Any cash lump sum extracted from their buy-to-let property could then be used towards a new family home, or to pay off chunks of the mortgage on a main residence which doesnąt normally attract any tax relief. Accepted tax wisdom is that increasing the mortgage on a rental property in |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.