Welcome to the channel if you are new and welcome back if you have visited before! Learn about what equity is with Tom in the video above. Please subscribe to him on YouTube if you haven't already as that will help to broaden his audience, and get him closer to his first big goal of 1,000 subscribers. If you have any questions or feedback please do that below or on the contact us page.
Last video on Capital Gains and Loss:
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Intro Music:
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** Please watch the video first.** In the video I wasn't completely clear. The current value minus the amount of mortgage and other loans that you still have to pay is the equity. It is only when you are getting an equity loan that you can only get 80% of the property's value. Hope you enjoyed the video anyway! See you next Friday for the next video