Tax is like a phobia for its payers. They have to pay a big share of their hard-earned money as the tax. Out of multiple taxes, capital gain tax is the most surprising one. Let’s catch on what it means.
Read MoreCategory: NRI Property Management
Get the NRI property management services at finest price in India such as property buying/selling property, utility bills and statutory payments, encumbrance/ khata/ patta/ 7/12 certificates, property monitoring, tenant management and vacation inspection to you.
Tips for Property Management & Registration in India
Purchasing a piece of land or apartment/flat requires huge investment. And this investment comprises of hard-earned money. A mistake can push an innocent in the trap of land-mafia or fraudulent.
This blog can work to guide the aspiring property investors for making a fair deal. Let’s start with property registration description.
Read More10 Qualities of a Real Estate Consultant
Investing in property is not as easy as a walk in the park. An NRI faces alike problems as an indigenous one. But hiring a veteran real estate consultant with good repo can solve most of his problems. Hiring any consultant of the housing sector may leave you puzzled. But a professional consultant can win half of the battle of property investment for you. However, he should have honesty, sugary tongue and self-driven personality.
Read MoreGuide to Ensure Protection of NRIs Property
NRI property management becomes tougher to handle. Living overseas or offshores creates multitudes of seams in maintaining and managing NRIs property in India. Hassles will make their presence felt every now and then but few protective measures can halt them.
Read MoreNRI Property Management Tips to Escape FATCA
FATCA Legislation
These days, most of the non-residents of India (NRIs) in the US are countering discomfort. India and the US governments have signed a deal under the banner ‘FATCA’ which is the US’ Foreign Account Tax Compliance Act. Since I have been living in America for half a decade I am very much aware of this act. It is ratification by the United States Department of Treasury and the US internal Revenue Service (IRS) that observes and takes action against the tax invasion in the US.
Read MoreTips for NRIs to Rent Property
Non-residents of India pass sleepless night if they own property or land in India. Its maintenance gives rise to unlimited worries which abandon their sleep. The leading query that frequently catches countless NRIs its prey is tenant management. Lending a house is quite easy but keeping a watch over tenants time to time is the toughest for all. Why is it so? Against this question of yours, I have some major reasons which drag NRIs to complexities and dilemmas if they hire a tenant:
Read MoreHow NRI Can Do Verification Of Tenants?
The only thing that keeps the mind of non-residents free from the tension of tenants is awareness. Tenants can cause headache if they don’t pay the requisite amount of the rent on the due date and keep on accumulating it as outstanding dues. Similar is the story of the utility bills, maintenance charges and repair expenses.
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