Once I enjoy bought a commercial property do I still ahve to reward once a year for the lease and if so why?
I want to buy a shop but I spy that alot of the estate agents mention lease of 15 years etc and have to rate 15000 upwards a year. do I still hold to rate this even if I hold bought the shop and if so how do I buy the freehold?
Answers:
You involve to clearly identify if you are buying the property outright (land and building ) or simply leasing it .
If you own it you would reward property taxes and utilities but NOT a lease.
Get a valid estate agent to explain to you what you are buying.
Its any freehold or leasehold. Freehold you would own. Leasehold is close to a rent to the owner for the use of the property. The single one specifically slightly different is a 99yr lease which is unsophisticatedly a freehold but must be checked properly contained by skin it have a take back clause..
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Inheritance Tax ?
Why don't more culture truly get the FairTax Act? ( www.fairtax.org)?
Can I exchange blows a property excise assessment? How? Do I hold a fortune of unbeaten?
I am satisfying surrounded by my Tax returns: own earn lb33818 as employed and lb3000 as self employed work,my request for information is?
Answers:
You involve to clearly identify if you are buying the property outright (land and building ) or simply leasing it .
If you own it you would reward property taxes and utilities but NOT a lease.
Get a valid estate agent to explain to you what you are buying.
Its any freehold or leasehold. Freehold you would own. Leasehold is close to a rent to the owner for the use of the property. The single one specifically slightly different is a 99yr lease which is unsophisticatedly a freehold but must be checked properly contained by skin it have a take back clause..