Tips for Bulgaria Buying Property

Bulgaria has had its fair share of both good and bad press over the past couple of years, but it is still an area which has proven very popular with Irish property investors. The obvious lure here is price, but the Irish have, in recent times, been acknowledged across Europe as property investors with an eye for an asset that will show good appreciation. Bulgaria is a politically stable country, and the introduction of a currency board in 1997 stabilized the country’s economy. However, as is the case elsewhere in Central and Eastern Europe, legislation, including that governing real estate, is volatile and subject to frequent change. A foreign investor can invest in properties in Bulgaria either directly or through …

How property tax laws could affect you

Although it’s a bit easier now than it used to be, what complicates matters is the number of laws that dictate what you can and can’t do. And change is frequent – it seems as though every budget brings a change to tax laws. That can add even more complication for you. You may not have come across them before, but there are a number of property tax laws that apply to you and any investments you make into property. They tend to affect income from rental properties, plus any profits you make from selling houses you own. Use this simple guide to wade through property tax and understand how it could affect you. First off, the good news. If …

Asset Protection for Real Estate Investors

The first 10 years of my real estate investing I ran my business as a sole proprietor because I really didn’t know any better. Luckily, I survived with only minimal damages, but there comes a point when it is time to assess the best legal structure to use for real estate investing. If you ask 10 experts you are likely to get 10 different opinions. With that in mind, I’ll share my opinion and experience. Remember: free advice is always worth what you pay for it. If you are a beginning investor, it’s probably best to not worry about asset protection until you actually have a few assets to protect. Why spend time and money setting up a business entity …