In a constantly evolving real estate market, investing in a rental property can be an excellent decision. Our experienced real estate brokers are here to guide you through every step of the process, offering you the best chances of success and profitability.

In this week’s newsletter, discover the many advantages of collaborating with a Century 21 Estrie broker for the purchase of a property intended for rental.

Expertise in evaluation

Our real estate brokers have a deep understanding of the local market and are experts in property valuation. They can help you find a property that matches your investment goals and assess its potential for rental return. With their sharp market analysis and understanding of real estate trends, our brokers can guide you towards properties offering excellent value for money and long-term growth potential.

Tax implications

When selling a rental property, capital gains tax is a major concern, calculated on the profit from the sale. Factors such as improvements made and previous tax deductions can influence this amount. If the property has been your primary residence for a period, tax exemptions may apply. Understanding these implications is essential for proper tax planning, so it is suggested to work with a broker to advise and assist you in this process.

Zoning validation

It is crucial to ensure that the property you are considering buying is properly zoned for rental. Our brokers are familiar with local zoning regulations and can help you verify if the property can be used for rental purposes. Their expertise ensures that your investment complies with current legal standards, thereby reducing potential risks associated with purchasing a property.

Assistance throughout the process

Buying a property intended for rental can be a complex process, but our brokers are here to guide you every step of the way. They will provide you with professional advice and recommendations to help you make informed decisions throughout the buying process. From property search to negotiating purchase terms and closing the transaction, our brokers will be by your side to ensure a hassle-free experience.

By choosing a Century 21 Estrie broker for the purchase of a property intended for rental, you benefit from personalized and professional service that maximizes your chances of success as a real estate investor. Contact us today to start your journey towards a profitable and sustainable real estate investment.

An article from Century 21 Estrie