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Legally Avoid Property Taxes: 51 Top Tips to Save Property Taxes and Increase Your Wealth, by Iain Wallis
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There is nothing illegal in avoiding tax, and this book sets out 51 top tips to enable you to keep more of your income from property. Legally Avoid Property Taxes is not a tax textbook: it is written in user-friendly, engaging jargon-free language by someone with over 30 years' tax experience, who brings fun to tax but above all who is a full-time property investor. The book is packed with practical examples and real life examples of where you could end up paying too much tax and what you can do to legally avoid it. It will also enable you, with the correct planning, to preserve the capital wealth that has either been created or arisen through price inflation. In the world of property taxation, the big five are: Income Tax, Capital Gains Tax, Inheritance Tax, Corporation Tax, and Stamp Duty Land Tax. Iain Wallis's handy new book helps readers avoid the big five - not stumble across them and then see a large tax bill! Whether you are taking the first steps on your property journey, whether you are a seasoned campaigner or whether you want to preserve the family wealth, this book is packed with tax tips and useful examples which will enable you to legally pay less tax, keep more of your property income - and increase your wealth. GBP3 of the purchase price of each book will be donated to Cancer Research.
- Sales Rank: #10282510 in Books
- Published on: 2013-11-28
- Original language: English
- Dimensions: 9.21" h x .39" w x 6.14" l, .67 pounds
- Binding: Paperback
- 176 pages
About the Author
Iain Wallis is a full-time Property Investor and Tax Strategist with extensive property and tax knowledge. Iain qualified as a Chartered Accountant in 1984, started an accountancy practice in 1992 and sold this in 2007. He bought his first investment property in 2006 and, despite the worst recession seen in this country, has built a portfolio with GBP1.2 million equity. On BBC 1, he demonstrated how on one of his properties he generated a 122% uplift on capital invested in just four weeks and a rental yield of 16%. He has a niche accountancy practice dealing solely with property investors and high net worth clients.
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Don't pay more than you must
By Non Fiction Book Reviews
For people who wish to enter the real-estate world as an investor or as a trader, Legally Avoid Property Taxes by Iain Wallis can be a good primer to acquaint yourself with the cost of trade and know what steps you need to take before the transaction and during the time you have the property on your hands.
~ bookreviews.infoversant.com/legally-avoid-property-taxes-book-review/
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