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As Rixter is engaged in the business of investing in property, he can claim trips to purchase new properties on tax. If you don't yet own any property - and thus aren't in the business of property investing - and are looking to start, then a prospecting trip wouldn't be deductible. (At least...

Bummer... a friend's son is getting educated about commercial property and hoped to get together a deposit in this manner. His Mum's a full-time commercial investor, and he's very clever. He's only 16, but he's spending his holidays analysing commercial deals. He hopes to earn some (significant)...

Out of curiosity, do buyers' agents have to be licenced? Is it legal for those without a licence to obtain a referral or other kind of fee, from the listing agent, for bringing them a buyer? What about if they didn't receive a commission, or have any kind of "fee" structure, but simply...

In answer to the thread title: Ensure that the city in which the property you're buying is located is different to the one in which you live? :confused: