Resell property in 3 years, and lose half of your gains - Real ...

Most investors look at short-term real estate investments the same way and get carried away by stories of friends or colleagues who made lakhs within a year. However, before you are inspired to do the same, do your calculations, or better still, stick to your investment for the long term. Tax facts to note while selling property. A short-term capital gain/loss is treated and taxed in the same manner as any other income or loss. Tax on long-term capital gains can be ...

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