How To Get Rich in Property & Pay No Taxes

How to get rich in property and pay no taxes.

[theodorerossi]

*I'm glad I came across this video, I ask politely, does anyone know how I can go about growing $50k dollars I have? I am very open to all suggestions and recommendations. God bless*

[enkiblogz]

I had a great experience watching this video.

[nazsolomon]

is cashflow from rent taxed in the UK?

also what is classed as passive income in the UK if anything?

[danielclark]

I flip every year or so (the house i live in), up to about 156k equity now.... about to sell again now but it is a bit of a jump to do this mentally. Makes sense though, just need more affirmation.

[harryharris]

Could you do a video on paying utility bills, council tax, water bills etc for investment properties and what to do with all these once completed and during void periods?Thank you

[victorjohnadi]

I am a nigeria 🇳🇬 right in Israel got a couple of lands in Northern part of nigeria worth 7million naira and I truly want to be financially free.

[sloopyjoe]

On the other hand you could buy a house to renovate or upgrade. Live in it for a couple of years while you do it up. Resell and pocket all the profit. No capital gains on your main property. Only snag is if you turn over the properties too quickly. Then you'll get noticed, and they'll label you a developer.

[henrytravers]

Thank you so much for this video. A bit of advice watch and share this video. Take notes coz I wouldn’t be surprised if YouTube take this down!

[DIY_PROFESSIONAL]

Very helpful. Thanks. Love to watch your videos

[danielle_does]

Samuel I have to say a massive thank you… I have recently acquired a rental property and my dreams are coming true thanks to you 🤩
My only issue is that nobody seems to be talking about the tax you have to pay on your monthly income from rent, I thought you might have covered it in this video. The property was already in my name so I couldn’t purchase through a company to avoid section 24.
Thanks again to you though, my ROI is fantastic so will cover any tax anyway. All the best you legend 👍🏻

[charlielewis]

See you in March for the crash course !!

[victorjohnadi]

I am optimistic that I can get more information or response.

[tandocproperty]

Great video again Mentor. It's Angel here.

[algoodsfx]

HI Sam love your vids can i do this in new zealand

[CrankCyclingChannel]

Couple of questions, your mortgage payment will go up and you will pay 40% tax on the rent without any allowance for the mortgage. So you will be in the red each month?

[perrisule]

I've always wondered do the Royal family pay tax🤔 cos I mean who are they paying it to

[nonameh]

Thanks for your services, taxes are for losers !

[Hackbridge]

It doesn't matter who's first. Thanks for the information.

[robertthompson]

Brave video to make, let's hope they don't take this down like your tiktok video 😅

[jackhorrey]

What a great video Samuel. It’s very inspiring.

Now I need to ask what maybe a really stupid question, but it’s something I’ve always wondered.

Imagine I bought a house for 50k, it goes up to 100k and I refinance it. Another 10 years go by and it goes up to 200k, but eventually I do want to sell it.

Would the capital gains tax be based on the original purchase price of 50k (even though I’d refinanced) or would it be based on my current mortgage after the previous refinance.

I hope I’ve made sense, I hope to hear from you soon.