How good are you with numbers?
Posted by Shawn Bhakta on Wednesday, April 21, 2021 at 9:01 AM
By Shawn Bhakta / April 21, 2021
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Don’t just do investment because other people are doing it. There are some basic numbers you must know. When you are acquiring a property at $200k and selling at $300k, doesn’t mean you are making $100k profit. Add all the costs including closing cost, any fee and all carrying costs. Don’t forget the cost at selling and the income tax you have to pay.
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