The purchase price is only part of your total cost. Planning for taxes and fees prevents last-minute surprises.
Typical costs to plan for
- Transfer duty on the property transaction
- Registration and documentation fees
- Agent and legal fees
- Ongoing property-related taxes where applicable
For rental income
If you earn rent, income from the property may be taxable. Keep clean records of income and expenses.
Always confirm current rates and obligations with a qualified tax professional — figures and rules change over time.
#taxes#fees#transfer duty#costs
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