Dentists Who Invest Podcast Are Buy To Lets Dead As An Investment? with Matt Rickard DWI-Ep20
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Prepare to throw out the rulebook and challenge the conventional wisdom of property investment. Matt Rickard, respected financial advisor, joins us to dissect the contentious landscape of buy-to-let investments, revealing hidden pitfalls and potential opportunities. We challenge the status quo, breaking the money talk taboo among dentists, and scrutinizing the deep-seated mistrust of financial professionals.
Ever wondered how the recent changes to rental property tax legislation, implemented in April 2020, impact your buy-to-let investments? Matt navigates us through the new tax rules, exposing how a lack of necessary research and calculations can lead to disappointing returns on investment. We unravel the negative effects of following the herd mentality among dentists and doctors in property investments. But that's not all. We take a bold stride into the unchartered territory of the COVID crisis and its impact on property markets.
With insightful analysis of the new normal, we delve into the drastic shifts in work and study habits, and their financial implications for buy-to-let and holiday-let owners. Despite the challenges, Matt affirms the resilience of dentists, highlighting their unique financial advantages. Wrapping up, we explore the crucial role of diversification in investments and the necessity of staying informed through our podcast. So tune in, shake off the old thinking patterns, and embrace a fresh perspective on property investments and financial advice!
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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.