The Tax Benefits Of Real Estate Investing: Difference between revisions
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Revision as of 04:01, 12 November 2024
The term "Raid in Indian Tax Law" is incredulous and any unexpected encounter with IT sleuths generally within chaos and vacuity. If you would experience such action it is best to familiarise with the subject, so that, the situation could be faced with confidence and serenity. Income tax Raid is conducted with the sole objective to unearth tax avoidance. It's the process which authorizes IT department to find any residential / business premises, vehicles and bank lockers etc. and seize the accounts, stocks and valuables.
In our software company there are two strategies to build wealth and in which through intellectual property and maintenance commitments. These two things used together will build a specialist that can be sold for 2-4X net income. Now to foster that investment with leverage, Make the most of the "Infinite Banking Concept" to lend money into the business through "my own bank." Now the money enterprise pays me comes back as investment income thus lower overtax. The new revenue the additional maintenance contracts bring foster new legal contracts. The next step is actually by use "good debt" to leverage our coverage and get more maintenance contract revenue with our software device.
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