Deepa Bhakuni

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3 yrs

What Is the Difference Between Freehold and Leasehold Property | #realestate #propertycloud

What Is the Difference Between Freehold and Leasehold Property

What Is the Difference Between Freehold and Leasehold Property

When it comes to buying a property, it is important to understand the different types of property like freehold, leasehold and prohibited property. You can’t buy the prohibited property but you can buy freehold and leasehold property. But it is important to understand the difference betw

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created a new article

3 yrs

Deemed Let Out Property: Meaning, Income Tax Calculation, and More You Need to Know | #realestate #propertycloud

Deemed Let Out Property: Meaning, Income Tax Calculation, and More You Need to Know

Deemed Let Out Property: Meaning, Income Tax Calculation, and More You Need to Know

In the context of income tax, a deemed let-out property refers to a property that is considered to be let out for the purpose of taxation, even if it is not actually rented out or earning any rental income. It is a concept applied when an individual owns more than one property and declares

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