Property investments have been one of the most profitable investment avenues during the past few years. Many people become millionaires just because they were alert and decided to enter the property market in the right time.
However the timing, while essential, is not the only important aspect of a successful property investment. Any property investor should be very careful about the taxes and liabilities he will have to pay during the process. In many occasions, there is a fine line between earning and loosing money just because of poor financial planning.