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Published on: November 23, 2021 at
Why are taxes important for Real Estate Investors?
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Why are taxes important for Real Estate Investors?
Why are taxes important for real estate investors? Income taxation is important because the combined tax rate for a real estate investor can be as high as 50%. In most western countries, the top tax brackets are 40-48%. How do taxes impact the real estate industry? One of the reasons why taxes exist is to promote housing affordability. Most government sponsored enterprises in the US and Canada and sponsored by tax money. Taxes help lower interest rates and sponsor construction.
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