{"id":1424,"date":"2016-01-23T16:04:01","date_gmt":"2016-01-23T08:04:01","guid":{"rendered":"http:\/\/people.utm.my\/noorsidi\/?p=1424"},"modified":"2016-01-23T16:04:01","modified_gmt":"2016-01-23T08:04:01","slug":"13-tips-for-maximising-your-profit-when-renovating-in-the-current-market-4","status":"publish","type":"post","link":"https:\/\/people.utm.my\/noorsidi\/2016\/01\/23\/13-tips-for-maximising-your-profit-when-renovating-in-the-current-market-4\/","title":{"rendered":"13 Tips For Maximising Your Profit When Renovating In The Current Market"},"content":{"rendered":"<p><strong>4. Factor in a decent profit margin.<\/strong><\/p>\n<p>If you can\u2019t find a project with high profit based on your estimates, then keep looking. Profit is the difference between the end sale price and the original purchase price minus all entry, exit, renovation and holding costs as well as tax.<\/p>\n<p>Profit = End sale price \u2013 purchase price + purchase cost + exit cost + renovation cost + holding cost + tax.<\/p>\n<p>Keep in mind that the capital gains tax discount is not available if your project is less than 12 months. Capital gains tax is not applicable at all if you don\u2019t sell. But if you don\u2019t sell, then future growth prospects are more important than the renovation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>4. Factor in a decent profit margin. If you can\u2019t find a project with high profit based on your estimates, then keep looking. Profit is the difference between the end sale price and the original purchase price minus all entry, exit, renovation and holding costs as well as tax. Profit = End sale price \u2013 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/people.utm.my\/noorsidi\/2016\/01\/23\/13-tips-for-maximising-your-profit-when-renovating-in-the-current-market-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;13 Tips For Maximising Your Profit When Renovating In The Current Market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":18926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1424","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/posts\/1424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/users\/18926"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/comments?post=1424"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/posts\/1424\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/media?parent=1424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/categories?post=1424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/noorsidi\/wp-json\/wp\/v2\/tags?post=1424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}