The annual value of house property refers to the potential income your property can generate in a year, even if it is vacant. This value plays a crucial role in calculating property and income taxes, making it essential for homeowners to understand. Sterling Developers’ blog breaks down the concept, explaining how to calculate Gross Annual Value (GAV), adjust for vacancies, and apply ... https://sterlingdevelopers.com/blog/understanding-the-annual-value-of-house-property-a-homeowners-guide/