Alfie, Author at Property118

Alfie

You have to be Non-Resident for 5 years.

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5th April 2015 Property Valuations for CGT?

23rd February 2021, 5 years ago

I would imagine HMRC would use Land Registry figs so perhaps also have a look at them.

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Didn't he say that was the worst case scenario, i'm still waiting for the best case scenario !!!

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New IHT rules affect expat UK BTL owners

20th March 2017, 9 years ago

So before i pop my clogs, i would be wise to sell my portfolio, pay 28% CGT on gains made since April 2015 and transfer the money to my foreign wife's account abroad ?

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Seriously ill Tenant’s Status

11th February 2017, 9 years ago

Well i finally heard from the tenants sister after her finding a note that was put through the door, the tenant has been extremely ill and still doesn't have all her faculties and therefore hasn't been able to deal with...

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Reply to the comment left by "Mark Alexander" at "04/02/2017 - 15:37": Have messaged some friends on facebook who have the same unusual surname but as of yet have had no response. On Friday i found out where her mother...

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Reply to the comment left by "Nick Pope" at "05/02/2017 - 11:32": Thanks very much.

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Seriously ill Tenant’s Status

1st February 2017, 9 years ago

Thanks for the responses so far, yes Mark she is within a fixed tenancy, have tried the neighbor's and left a note. Unfortunately we do not know what Hospital she was/is in. At the moment i am trying to contact...

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Not sure about now, but it use to be the case that if you applied for a mortgage as a non-resident it would have to be an ExPat mortgage and therefore on a higher rate, so if you told a...

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Reply to the comment left by "DC " at "30/07/2015 - 13:36": If your Rental income less expenses is less than 43,000 pounds then you will not pay more tax.

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Reply to the comment left by "Ian Simpson" at "22/07/2015 - 22:37": It's the same for me Mark.

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Reply to the comment left by "Jason E" at "21/07/2015 - 11:15": On Megan Shaw's example she does not add Rental interest onto Actual profit from rental business ! the only thing she does with Rental interest is deduct 20%...

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Reply to the comment left by "James Tallis" at "21/07/2015 - 09:49": On what scenario are you working 45t rent received or 45t rent profit ?

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Reply to the comment left by "Kathy Evans" at "21/07/2015 - 09:19": I think you will find that if your current rental income is less than 43,000 pounds then your tax will stay the same apart from W&T of course.

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Reply to the comment left by "Appalled Landlord" at "21/07/2015 - 08:40": That clarify's for me, thanks very much.

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Reply to the comment left by "Appalled Landlord" at "20/07/2015 - 21:51": Don't understand that one Appalled, so if you have, income 45,000, costs 5,000, interest charges 15,000, how would much would you have to pay 40% on ?

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Reply to the comment left by "kathleen drea" at "17/07/2015 - 15:35": No.1 is incorrect.

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Is it not the case that the increase in BTL mortgages has partly been caused by the Govt themselves ? by introducing the pension reforms they must have known that people would use their pension pots to part fund buying...

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Reply to the comment left by "Ali Shah" at "07/05/2015 - 06:06": Ali, forget prior to April 5th, you will need a Valuation fig as at 5th April 2015, then you have your sale figure of whenever you sell the...

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Reply to the comment left by "shakeel ahmad" at "06/05/2015 - 17:32": Re Zoopla,there is no hard and fast rule on where you get the information to value your property, once you have sold your property you will fill out...

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Showing 20 of 31 comments

Alfie

Alfie


Registered with Property118.com

15th October 2013

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