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I hold in joint account (50% share) BTL property for nearly
Hi, I hold in joint account (50% share) BTL property for nearly 4 years now that is rented out. This is the only property I own, I'm living in renting property myself too.I plan to sell it next year a… read more
bigduckontax
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Dear XXXXX I am preparing accounts for a client who rents out
Dear XXXXX I am preparing accounts for a client who rents out property. While I appreciate that solicitor fees for the aquistion of the property are capital expenditure and therefore not allowable aga… read more
Sam
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we have a buy to let property, can we make it a limited company
we have a buy to let property, can we make it a limited company and claim relief from stamp duty. There is loan of £1.5m secured on the property. Many thanks for your assistance. regards Charles… read more
bigduckontax
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My wife, son and I run a Partnership, we would like to purchase
My wife, son and I run a Partnership, we would like to purchase through the Partnership a property in Scotland to then Let it furnished. Is the cost of Stamp Duty, the mortgage Loan Fee and furnishing… read more
taxadvisor.uk
taxadvisor.uk
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Sorry for being a bit verbose, but to me its complicated. I
Sorry for being a bit verbose, but to me it's complicated. I have a traditional repayment mortgage on the property in which I live, plus some other unsecured debts. Also I own out right a second prope… read more
TaxVince
TaxVince
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I have a home (A) which I own outright with no mortgage. I
I have a home (A) which I own outright with no mortgage. I rented out this property. At the same time of renting I purchased another property (B) and took out a mortgage on that property. I could have… read more
taxadvisor.uk
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I wish to buy a property for my 24 year old son costing about
I wish to buy a property for my 24 year old son costing about £180,000. If we put the house in his name can I assume that we will not pay stamp duty as he would be a first time buyer? Are their any sp… read more
Sam
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Higher Officer HMRC
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What will the Capital Gains Tax on a second property be?
A question about UK Capital Gains tax on a second property. The property was never rented and never lived in as a main residence. My dad is selling his second home that he has owned for about 7 years.… read more
Sam
Sam
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Dear sam, If I buy a property as there is cost involed consisting
Dear XXXXX, If I buy a property as there is cost involed consisting of as under:---- valuaton, Searching land Registry, Local Searches, Stamp Duty Registration Fees Solicitor fees Professional indemni… read more
Tony Tax
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I have a second house which I let out. I bought it for 120000
I have a second house which I let out. I bought it for £120000 and it may sell for around £170000. I intend to purchase another buy to let property for around £270000 - stamp duty, solicitors fees etc… read more
Tony Tax
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I am going through a divorce, got 5 letting properties which
I am going through a divorce, got 5 letting properties which i need to give the CGT on these properties for the financial settlement what do i do? Sell Price (+ Solicitor + Stamp?) - (workdone in main… read more
Tony Tax
Tony Tax
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my father lives we me and my husband and he rents his bungalow
my father lives we me and my husband and he rents his bungalow out he has asked if i would like to buy the bungalow from him the value is £135000 he is gifting 50% £67500 and iam looking to fund the r… read more
Tony Tax
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my sister and i are equal beneficiaries under my mothers will
my sister and i are equal beneficiaries under my mother's will of her home. the property is worth £245,000 - £255,000. if i buy my sister's share of the property are there any tax implications ? is st… read more
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I have 6 buy to lets. i am filling in my tax return and I see
I have 6 buy to lets. i am filling in my tax return and I see on the IR website the expenses that are allowed. Property 1 I have bought, renovated and sold but not received rental income. Can I use al… read more
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I am buying a property that I would be running my Business
I am buying a property that I would be running my Business from plus also living in the property. My Question is what can I claim back from the Tax man ? i.e. Mortgage payments (which is interest only… read more
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A married couple taxed separately sell a property. Are they
A married couple taxed separately sell a property. Are they both entitled to AEA of £9600? Are lawyers fees taken into consideration when the 'gain' is calculated?… read more
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I jointly own a property with my husband and we are in the
I jointly own a property with my husband and we are in the middle of separating. If he buys me out of the property will he need to pay stamp duty on tht sum?… read more
Sam
Sam
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Im looking into buying a flat to rent out as an investment
I'm looking into buying a flat to rent out as an investment for my young children. Having looked at the "buy to let" mortgages availible I'm now considering raising the capital by re mortgaging my hou… read more
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