Dentists Who Invest Podcast Q&A With A Property Guru with Dr. Harry Singh DWI-Ep18
You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport
———————————————————————
Imagine how your life could change if you mastered the ins and outs of property investment. Ready to ditch the ordinary and dive into the extraordinary? Join us as we venture into the complex, yet intriguing world of real estate with seasoned investor, Harry Singh. Harry gifts us with his wealth of knowledge, discussing the benefits and drawbacks of owning property in your own name versus a limited company. He breaks down the tax implications of each and how they can influence your cash flow. Plus, he emphasizes the importance of consulting your accountant, but we bet you didn't think of that!
We then shift gears to focus on the current economic climate and how it is impacting the property market. With the ending of stamp duty holidays, the introduction of quantitative easing, and the sudden surge of staycation apartments, it's crucial to stay informed. We give you the lowdown on these latest trends, plus essential tips for climbing the property ladder. But that's not all, we've also got you covered on the financial implications, strategies for property investment, and the secrets of incorporation relief.
Exclusively in this episode, we discuss how to use a debt-free property as collateral for purchasing other properties. What's more, Harry shares his experience of building relationships with local brokers, calculating yield correctly, and even setting up a limited company for investments. We cap off our discussion by delving into the intricacies of the investment property industry and the often overlooked importance of tenant selection. Tune in as we tackle all this and more, leaving you equipped with a wealth of knowledge to navigate the property investment landscape with confidence and ease.
———————————————————————
Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.