Author Topic: [ANN] Introducing Kexcoin - BitShares Powered Real Estate Crowd Funding Project  (Read 31084 times)

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Offline MarketingMonk

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« Last Edit: October 23, 2017, 11:17:42 am by MarketingMonk »

Offline paliboy

It's much better to post exact block with burn because account history in OpenLedger will disappear soon.

http://cryptofresh.com/tx/c035703cb520cfae7200f8f53371369a2ecfd0ad

Odoslané z E5823 pomocou Tapatalku


Offline MarketingMonk

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Offline MarketingMonk

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Check out this episode of The FOMO Show featuring an interview about Kexcoin:
http://bit.ly/2fQolGX

Offline MarketingMonk

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Offline MarketingMonk

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

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Offline MarketingMonk

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Offline kexcoin

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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

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Offline MarketingMonk

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Offline MarketingMonk

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Less Than 48 Hours To Go! And Kexgill Releases New Property Flipbook PDF



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

Offline CryptoBrit

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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 kexcoin

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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

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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.