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    RENTAL INCOME

    Is paying rent really a waste? CA explains the middle-class trap and breaks down the renting vs buying maths

    Nitin Kaushik challenges the notion that renting is a waste of money. He argues home loans can be a bigger drain than people realize. Interest payments significantly increase the total cost of a home. Renting offers flexibility and liquidity. Buying too soon can leave families financially vulnerable. Kaushik advises careful financial planning before taking a home loan.

    No family wealth? CA shares how to build generational wealth with just few 'boring' habits

    Nitin Kaushik shared tips on building wealth without family money. He advises prioritizing survival over status. Avoid luxury early and invest in assets like land or gold. Think generationally, not quarterly. Protect wealth and build systems for passive income. Mastering budgeting and investing is key. Anyone can leave behind an empire with these habits.

    She sold her house for Rs 2.7 crore to buy seven new flats and paid no income tax, wins case in ITAT Delhi; Know how

    Saroj sold her Punjabi Bagh house for Rs 2.7 crore. She then bought seven apartments in Greater Noida. She reported Rs 5 lakh income in ITR and claimed Rs 2.2 crore LTCG tax exemption. The tax department partially denied the exemption. Then Saroj appealed to ITAT Delhi. ITAT Delhi ruled in her favor.

    CA shares story of how a Rs 2.8 lakh monthly earning couple's 'smart investment' turned into financial stress

    A couple earning Rs 2.8 lakh per month purchased two properties, anticipating rental income to cover EMIs. However, their EMIs severely strained their finances, leaving minimal funds for other investments, even for their child's education. CA Nitin Kaushik warns against prioritizing real estate without considering liquidity and future financial needs.

    US immigrants now face higher deportation risks. Here's why

    Immigrants in the U.S. are facing increased deportation risks as immigration enforcement agencies utilize IRS data to identify unauthorized employment. Reporting income from side jobs while on visas like H-1B or F-1 can lead to visa denials and removal proceedings. Attorneys advise caution, as tax records are under greater scrutiny, potentially impacting immigration status.

    China office developers offer sweeteners, lower rents to lure tenants

    Office spaces in China's top cities face high vacancy. Shenzhen and Shanghai see significant empty offices. Developers offer incentives like cheaper electricity to attract tenants. Corporate cost-cutting and fewer multinational companies contribute to the problem. Experts anticipate further market correction. Some local authorities are trying to support the market.

    The Economic Times
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