michael O'Connor, Author at Property118

michael O'Connor

Reply to the comment left by michael O'Connor at 08/01/2022 - 12:11* pay zero as I’m minus £20k. Was thinking it would have to be in same tax year but il read into that further. Thanks

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I am English and larger house is my Main. That sounds like a plan. Not sure when I sell my Scottish flat, say if it’s 2030 at £50k loss and I don’t sell my main residence at that time until...

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Reply to the comment left by Wayne Hoban at 07/01/2022 - 15:36Thanks Wayne - i reread HMRC terms a-d last night and agree/understand your first point now as replacing main residence. Previously the guidance and calculators ask do you own...

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Reply to the comment left by Katy Ann at 06/01/2022 - 19:52Thanks, I understand and knew this would be difficult but wasn’t sure if I could transfer majority to her so I only own a minor stake. HMRC condition c...

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The forum is used for an initial steer and I might well see an account once I know what I am asking for, if that is what is needed after collecting initial thoughts. No thanks, Mike

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Reply to the comment left by Graham Benton at 07/01/2022 - 12:39Thanks Graham - that was the direction I was looking for

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Reply to the comment left by Freda Blogs at 07/01/2022 - 11:38Consent to let received and insurance reflected. Just wanted to clarify it is not a buy to let mortgage currently as that often changes options. Thanks

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michael O'Connor

michael O'Connor


Registered with Property118.com

21st December 2021

Total Posts

0

Total Comments

7