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I am in rented accommodation and intend to stay and plan to
I am in rented accommodation and intend to stay and plan to buy a house do it up and sell it. do i have to move into the house so i don't have to pay capital gains tax?… read more
bigduckontax
bigduckontax
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Hi Tony, this is a Capital Gains Tax on property question.
Hi Tony, this is a Capital Gains Tax on property question. My client lives with her mother (age 90) and my client owns half the property. She will inherit a 1/3 of half when her mother dies- i.e. 4/6.… read more
TonyTax
TonyTax
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I own outright 1 property and intend to buy a new home and
I own outright 1 property and intend to buy a new home and move into it,then sell the first property in the next few months is there a risk I get caught in a capital gains tax situation on the origina… read more
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TonyTax
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i have a property business . buying , repairing , selling and
i have a property business . buying , repairing , selling and renting property. if i buy dilapidated property . make it habitable ,then rent it out , can i claim the costs involved in my return ?… read more
Sam
Sam
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Hello. I inherited a property in May 2007. The house was
Hello. I inherited a property in May 2007. The house was valued at that time at £430K. I paid the inheritance tax required at that time. We are now looking to sell the property and purchase two others… read more
TonyTax
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In Decmeber 2008 I bought a second small property with a buy
In Decmeber 2008 I bought a second small property with a buy to let morgage on my main property (that I fully owned up until that point). It had to be a buy to let because I do not live in my main pro… read more
taxadvisor.uk
taxadvisor.uk
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Building houses, Principal Private Residence and Capital Gains 1.
Building houses, Principal Private Residence and Capital Gains 1. I am in midst of converting a redundant farm building into a cottage. 2. The building has been in family a long time as landowners, an… read more
TonyTax
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Two years ago I purchased a property that was in serious need
Two years ago I purchased a property that was in serious need of renovation. I put my home, for the last ten years, up for sale with the intention of restoring my recent purchase. I was unable to sell… read more
TonyTax
TonyTax
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High School or GED
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We have had our home on the market for over 3 years. We have
We have had our home on the market for over 3 years. We have a bridging loan for a property we have been renovating during this time. The renovation is near completion & we want to move in. How do we … read more
TonyTax
TonyTax
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My wife and I bought a property in July 2004 for 194,500.
My wife and I bought a property in July 2004 for £194,500. We spent at least £40k renovating it (Not all receipts were kept). This was our home until December 2009 when my wife was offered a loan from… read more
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Almost a year ago My mother and I purchased a house at an auction.
Almost a year ago My mother and I purchased a house at an auction. Both our names are XXXXX XXXXX house title although my mothers name is XXXXX XXXXX withdrawn from title.Since buying the house I have… read more
TonyTax
TonyTax
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High School or GED
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Hi ....i bought a house for 50,000 several years ago and now
Hi ....i bought a house for £50,000 several years ago and now it's worth £100,000. I now am interested in converting the morgage to buy-to-let. If I did this, and then for some reason needed to sell q… read more
Sam
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I,m currently in the midst of a self build project . i ,ve
I,m currently in the midst of a self build project . i ,ve financed the purchase of a building plot ouit of my own savings and increased my current morgage to cover the cost of the build . once built … read more
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TonyTax
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My husband and I have lived in our present house for over 20
My husband and I have lived in our present house for over 20 years and in Dec 2008 we bought an old house to renovate and move into.We are still working on making it habitable and hope to move into it… read more
Julie Kingham
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I purchased a property last year for my family that was in
I purchased a property last year for my family that was in need of extensive repairs and as the property was relatively cheap (due to the condition of the property) I made a decision to buy it without… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,546 satisfied customers
Hi, I own two residential properties, one of which I currently
Hi, I own two residential properties, one of which I currently live in. The other I rent out having lived in it from May 04 - Jan 08. I haven't elected either, so would be grateful for some direction … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,546 satisfied customers
i brought a house in september but is to shabby to live i.
i brought a house in september but is to shabby to live i. So i live at my mums house i am currently renovating this property in my spare time.I am hopeing to move in about april but if i decided i wa… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,546 satisfied customers
Hi, Im an IFA. I have a client and her brother who own a 50%
Hi, I'm an IFA. I have a client and her brother who own a 50% share in their father's property. The property was tranferred to them in 1995. Forgetting POAT she wishes to move into the property and bu… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,546 satisfied customers
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