A real estate website says the capital gains tax was always a dead duck.
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When you’re selling a property, it’s rare that the home checks off every single box on a potential buyer’s “ideal home” list. Some of these items can be addressed with minor modifications or upgrades. However, some home features can be a little more difficult to work around.
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Sean Hsieh envisioned a world where commercial real estate investing wasn’t just reserved for those with the capital to buy properties. Geek Wire reported that the Flowroute firm founder has started a company–Concreit–whose goal it is to give investors the chance to put up investments whether they have millions or just a few hundred dollars in the bank.
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The Private Rental Sector (PRS) is undergoing a revolution. Key to this sector are Houses in Multiple Occupation (HMOs): properties with 3 or more people, forming 2 or more households. HMOs often have the potential to generate higher yields for landlords than standard single dwellings and as such attract investors into the sector. They can also offer more affordable accommodation to tenants than single bed flats or studios thereby serving an important role in the PRS.
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