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Tax advantages of investment in real estate

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Real estate or property is one of the major asset classes people the world over invest in. Such real estate could be residential house property, whether self-occupied or let out, commercial property, whether used for one’s own business or profession or meant for letting out, farm house, agricultural, urban and rural lands, and so on.

Through proper planning it is possible to save a great deal of tax on real estate investments – both on income and on capital gains.

Read More: http://economictimes.indiatimes.com/quickiearticleshow/6027026.cms

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