You will find this ultimate helpful guide if you acquire a second property. It runs through all the points to consider, like finding out whether you have to pay an acquisition tax, how to renovate the space, and looking into any documents you may have to sign. Read ahead for more information.
1. Land Transfer Tax
When acquiring a second property, the critical point is whether you have to pay taxes. You will have to pay a special land acquisition tax in most countries. And the amount…
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