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Podcast: Wealth Made Simple Podcast
Episode: Trading Or Investing
Description: Shaz explains the differences between an investment company and a trading company, and how the approaches to buying properties for each will require different schools of thought. KEY TAKEAWAYS If you buy a property, hold on to it, and rent it out, then this an investment purchase. if you buy a property, do something to it and then trade it, this is a trading purchase. Serviced accommodation property investments are treated as a trading deal, as you are selling a product to a client each time it is rented out. BEST MOMENTS 'Short...