You might be interested to purchase another property, but can you afford it? You should be able to analyze a couple of questions and to help you in analyzing certain questions Jocelyn Newmarch scoops out some important qustions like determining the affordability of two properties, determining the value of first property while you are holding it and considering the tax that you would be liable to pay for your first property she finally suggests to sell-off the first property to go for the second one.
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That’s nice. I really believe that i need to cover 85% of new property investment should be generate from first property and i am ready to deliver another 15 % from savings or loans. And i can manage it.
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