An investment also offers significant tax benefits for property owners, including a tax rate of 15 % earned on local income and no tax on worldwide income. (reimag.co.za)
Keep your eyes on the tax reform bill to see if this provision remains, as it represents one of the most significant tax advantages for long - term real estate investors. (learn.roofstock.com)
A tax credit reduces your total income tax bill by the amount of the credit and can result in significant tax savings. (smartasset.com)