Why Property Investing is Terrible For The Average Taxpayer

Book a one-to-one consultation with Paul - https://askaboutwealth.ie/consultancyIn this episode, Paul walks through a real consult where an "8% rental yield" turned out to be a real return of just 1.33% once tax, costs and inflation were stripped out. The numbers don't lie, and the headline yield the seller quotes is rarely the return you actually get.In this episode, he covers how to turn property from a poor investment into a powerful one, including HMOs, buying inside your pension fund, interest-only loans, the capital allowances 95% of landlords never claim, and the corporate and local authority tenants most investors completely overlook.If you own a rental property, or you're thinking of buying one, this is the episode to watch before you do anything else. Hosted on Acast. See acast.com/privacy for more information.