Author Topic: [ANN] Introducing Kexcoin - BitShares Powered Real Estate Crowd Funding Project  (Read 9854 times)

0 Members and 1 Guest are viewing this topic.

Offline CryptoBrit

  • Newbie
  • *
  • Posts: 12
    • View Profile
I notice in the financial model document that you have calculated the rent increase based on the previous years gross return which in turn is calculated from the property value including property inflation.

As far as I can see this would give a rent increase of 3% over the rate of property inflation (6%) giving 9+%. Was this intentional?
« Last Edit: September 05, 2017, 05:54:49 pm by CryptoBrit »

Offline kexcoin

  • Jr. Member
  • **
  • Posts: 23
    • View Profile
I notice in the financial model document that you have calculated the rent increase based on the previous years gross return which in turn is calculated from the property value including property inflation.

As far as I can see this would give a rent increase of 3% over the rate of property inflation (6%) giving 9+%. Was this intentional?

Yes this was intentional. Obviously rents and property inflation are not a straight or linear line and tend to go up in "steps and stairs". We have used a low level for property price inflation as mentioned in the documents and rents generally outstrip property price inflation. For example, there are restrictions on student property in a number of towns (look up Article 4) which means while the value of the property could be seen to increase in line with national and local price inflation, rents can go up considerably more depending on supply and demand. Again our 3% airs on the cautious side.

Offline CryptoBrit

  • Newbie
  • *
  • Posts: 12
    • View Profile
Yes this was intentional. Obviously rents and property inflation are not a straight or linear line and tend to go up in "steps and stairs". We have used a low level for property price inflation as mentioned in the documents and rents generally outstrip property price inflation. For example, there are restrictions on student property in a number of towns (look up Article 4) which means while the value of the property could be seen to increase in line with national and local price inflation, rents can go up considerably more depending on supply and demand. Again our 3% airs on the cautious side.

Thank you for the clarification. One more.. If half the profit is being used to buy more property should the 19% tax be calculated on the full amount? Apologies if this is a naive question.

Offline kexcoin

  • Jr. Member
  • **
  • Posts: 23
    • View Profile
Quote

Thank you for the clarification. One more.. If half the profit is being used to buy more property should the 19% tax be calculated on the full amount? Apologies if this is a naive question.

Yes that's correct. As you can see from the table, the Net profit has tax taken from the full sum. The remaining profit after tax is then split 50% for the buy back / burn and 50% for reinvestment in property which increases the portfolio size and the size of the buy back for the following quarter / year.

Offline CryptoBrit

  • Newbie
  • *
  • Posts: 12
    • View Profile
Quote

Thank you for the clarification. One more.. If half the profit is being used to buy more property should the 19% tax be calculated on the full amount? Apologies if this is a naive question.

Yes that's correct. As you can see from the table, the Net profit has tax taken from the full sum. The remaining profit after tax is then split 50% for the buy back / burn and 50% for reinvestment in property which increases the portfolio size and the size of the buy back for the following quarter / year.

Ah. I didn't realise you would pay tax on 'profit' if it was used to buy more property within the same financial year.

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk
Less Than 48 Hours To Go! And Kexgill Releases New Property Flipbook PDF



Full details:
http://bit.ly/2x0erKE

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk


Mike Kubera's #Interview with myself and Richard Stott ยป https://www.youtube.com/watch?v=0h7A8Er73q0

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk


Boxmining interview with myself and Richard

https://youtu.be/8qqw2p9DcZM

Offline kexcoin

  • Jr. Member
  • **
  • Posts: 23
    • View Profile
Todays the day of launch and Kexgill have been nominated for Best Landlord of the year again!

http://www.nwpas.com/nwpas-2017-shortlist-announced

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk
Less Than 2 Hours Until The Kexcoin ICO Goes LIVE!



http://bit.ly/2y3gOLW

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk
Security Update: Cold Storage Transfers 1 & 2 Complete
http://bit.ly/2xsXHh9

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk


Kexcoin Has Raised $707,514 So Far (183.77 BTC From 73,035 Kexcoins Sold)
http://bit.ly/2fDaOCM

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk
Kexcoin Now Listed As An Asset On CoinMarketCap.com!
http://bit.ly/2hsiI1X

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk
Check out this episode of The FOMO Show featuring an interview about Kexcoin:
http://bit.ly/2fQolGX

Offline MarketingMonk

  • Moderator
  • Full Member
  • *****
  • Posts: 83
  • Leading People to Freedom
    • View Profile
    • Cryptoversity - The online school for Bitcoin, cryptocurrencies and blockchains.
  • BitShares: marketing.monk
As per the Kexcoin terms, all unsold coins have now been burned. Proof of burn visible on the BitShares blockchain at:
https://bitshares.openledger.info/account/kexgill-ico/overview

Burn calculations:
https://docs.google.com/spreadsheets/d/e/2PACX-1vR0FJGwtvWapeurQBA8arNEQ65w8kzigZ0zUxQKhn95GqW3FohdCEdmHSUh9l-f1I60HjJloasxIRMF/pubhtml?gid=0&single=true

Stay alert for upcoming posts.