Depreciation is a tax deduction that allows businesses and property owners to recover the cost of tangible assets used to generate income over time in…
Refinancing, or reappllying for a new loan/term at the current property value allows for freeing up cash and lowering monthly repayments
Living in a boomed area offers security and exclusivity, but it comes with drawbacks like restricted access and high maintenance costs.
Explore the potential of renting out rooms through Airbnb or as a guesthouse. Consider costs, regulations, and involvement.
Invest in a holiday home for Airbnb beach vacations, but plan carefully and consider outsourcing management.