Rental Revenues Individuals' net rental income is liable to income tax at progressive rates. Nonetheless, a specific threshold amount is free from taxation if the property is rented out as a residence. Either the lump sum approach or the actual deduction method can be used to work out net rental revenue. The actual deduction method subtracts actual costs from the gross rental income, including...
Investment
Ideal Estaest, with its extensive experience in the construction and real estate industry, caters to both domestic and foreign real estate investors in Turkey. We provide services for the sale of housing and land, as well as investment consultancy. With a growing demand from foreign investors, we offer a diverse range of high-quality luxury portfolios. These attract investors from Europe, the Middle East,...
Turkey plans to launch an international property stock exchange, allowing properties within the country to be marketed globally. In 2017, Deputy Prime Minister Nurettin Canikli announced that banks were facing difficulties financing the construction sector. In search of alternatives, the government devised a solution to sustain the growth of the revitalized industry. The solution arrived at was the...