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I'm looking at calculating the PPR relief I can claim on my
Good evening I'm looking at calculating the PPR relief I can claim on my 3 bedroom, 2 reception room Principal private residence. I have lived there 5 years and have always had two lodgers, although h… read more
bigduckontax
bigduckontax
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I have just sold a house that had been my sole residence for
I have just sold a house that had been my sole residence for 28 years and Private Residence Relief would normally cover any possible CGT liability. Over the 28 years I did have lodgers under the rent-… read more
bigduckontax
bigduckontax
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My partner and I share a house with our 3 children. The house
My partner and I share a house with our 3 children. The house is valued at ~£375k. I have a sole mortgage and equity of ~£200k. My partner has a house which she lived in for 10 years before renting it… read more
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My huband an I spend half our time in a rented flat in London
My huband an I spend half our time in a rented flat in London (where our work is) and the other half in a three bedroom house we own on the coast (this is the only property that we own). As our London… read more
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I own and rent out two small flats. I also have a lodger in
I own and rent out two small flats. I also have a lodger in my home which I also own. When calculating my total profit I have included all rental income including that from my lodger. I have made some… read more
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I OWN A PROPERTY IN WHICH I HAVE HAD LODGERS FOR THE PAST 15
I OWN A PROPERTY IN WHICH I HAVE HAD LODGERS FOR THE PAST 15 YEARS. I AM NOW THINKING OF SELLING BUT HAVE BEEN TOLD I WILL HAVE TO PAY A BUSINESS TAX. HOW MUCH WILL IT BE AND CAN I AVOID IT IF I QUIT … read more
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Myself and my ex-partner own a two bed house. I live in the
My ex-partner and I own a two bed house. I live in the house and the spare room is rented out. The money received from the tenant is transferred from the joint bank account to my ex-partners account, … read more
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Hi Sam, If I rent out all of the rooms in my flat from now
Hi Sam, If I rent out all of the rooms in my flat from now on, what are the rules regarding capital gains tax if I sell it in the future. Thanks… read more
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COULD YOU ADVISE AS TO WHETHER I AM LIABLE FOR CAPITAL GAINS
COULD YOU ADVISE AS TO WHETHER I AM LIABLE FOR CAPITAL GAINS TAX.. I OWNED A PROPERTY FROM JULY 2002 UNTIL JAN 2008 I HAD A LODGER LIVE WITH ME UNTIL I BOUGHT A SECOND PROPERTY IN APRIL 2003, I LEFT T… read more
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My mother in law (pensioner) has bought and moved into a new
My mother in law (pensioner) has bought and moved into a new appartment but has not sold her old house. She has offered to let it to my daughter for 12 months hoping by then the market may turn around… read more
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Partner of 6 years and i bought two houses 1 her main residence
Partner of 6 years and i bought two houses 1 her main residence although she has stayed at the second home. second home my main residence and i let out some of the rooms. we have sold her home and I w… read more
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We are a long married couple. I was self employed. We made
We are a long married couple. I was self employed. We made provision for retirement income through acquisition of properties to let. We bought the first (1st) residential property in the mid '80s. In … read more
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We have a property (jointly owned) that we bought in 1985 for
We have a property (jointly owned) that we bought in 1985 for £80K. We lived in the house until 1990 (approx value at the time £110K) when we moved to another area and rented the house. It has been co… read more
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Can you help My partner is moving in with me and we looking
Can you help? My partner is moving in with me and we looking to rent her house out, and get married next year. She bought her house from her old patrner two years ago, the value then was £180,000. It … read more
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We own two residential properties in this country. We purchased
We own two residential properties in this country. We purchased our first house in 2003 and lived their until 2007. This was our main residence for 4 years. Due to the recession and the slow down in t… read more
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Ive had a main home in London from 2001 to 2009. In 2005 I
I've had a main home in London from 2001 to 2009. In 2005 I bought a second home in cambridge which I used at weekends. I shared my house in London with 2 other people in order to cover the mortgage p… read more
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Hello I purchased a house for my mother in 1995. She pays
Hello I purchased a house for my mother in 1995. She pays a rent to me of under £4000 a year (under the rent a room allowance ) and when I go up North I stay at the house for the odd day. I own a hous… read more
Sam
Sam
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For capital gains tax purposes, does it matter whether a bedsit
For capital gains tax purposes, does it matter whether a bedsit has cooking facilities or not. If they share my kitchen (the house is my own home) does this less the capital gains tax or does it not m… read more
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