Richard Adamo
Richard Adamo
Registered with Property118.com
26th May 2024
Total Posts
0
Total Comments
16
Registered with Property118.com
26th May 2024
Total Posts
0
Total Comments
16
3rd April 2026, 6 days ago
Just sell up before 2030 and zero cost!
Read More →2nd April 2026, 1 week ago
Northernpleb you are right! The government is not interested in housing people and wants to push landlords to sell up and pocket the CGT windfall now. As with all governments they don't care if they cause problems in the future....
Read More →Reply to comment left by Neil Patterson at 16/03/2026 - 12:16
Reply to the comment left by Neil P at 16/03/2026 - 12:16The government will know because to link it to your tax account you have to go through HMRC. I went with My Tax Digital as after 2 days of...
Read More →2nd March 2026, 1 month ago
Already wasted 2 days working out the most suitable product for me and registering with them and HMRC. What a shambles!
Read More →23rd February 2026, 2 months ago
Sold my properties in Wales, a lucky escape! Mind you there is nothing to rent now so prices have gone up, a total success for the Rent Smart Wales tax on landlords and tenants.
Read More →20th February 2026, 2 months ago
Well, a 2% tax increase means that rents will have to go up by that extra amount on top of the usual increase just to stay still. Spent a day yesterday wrestling with Making Tax Difficult just another meaningless cost...
Read More →2nd November 2025, 5 months ago
Get married and write a will. Problem solved- no inheritance tax and easy property transfer.
Read More →20th August 2025, 8 months ago
Well, I'm selling as is everyone else I know. 5% stamp duty and other upfront costs mean it just isn't worth it. I can get 5%return on government bonds with no CGT- why would you bother investing in property? The...
Read More →Reply to comment left by Julian Lloyd at 20/12/2024 - 10:47
Reply to the comment left by Julian Lloyd at 20/12/2024 - 10:47Yes, the law of supply and demand means that even really nice reasonable people are going to struggle to find somewhere to live. This and the previous government haven't...
Read More →13th November 2024, 1 year ago
Ok, so 43% are going to do the upgrades, 34% are going to sell. What are the rest going to do? If a third of landlords sell up then there will be a housing crash and a lot of homeless...
Read More →26th October 2024, 1 year ago
Well, I sold my properties in Wales and do not regret it! Rents in my area are flying higher and it is a good return on capital, but who wants to invest in a market where the government constantly change...
Read More →18th October 2024, 1 year ago
Had a similar issue- eventually they left and had to redecorate the whole house, change all the light fittings and sockets as they were all yellow. Obviously new carpets etc. Basically there is very little you can do other than...
Read More →Reply to comment left by Nigel Comer at 30/08/2024 - 09:55
Reply to the comment left by Ivor Tennant at 30/08/2024 - 09:55Totally agree. The problem is not stamp duty or changes to eviction rules but the way that we are taxed as businesses and yet are not allowed our expenses...
Read More →Reply to comment left by Gareth Davies at 17/07/2024 - 20:16
Reply to the comment left by Gareth Davies at 17/07/2024 - 20:16Yes, but there are also no houses to rent, even though rents have increased massively under the new system. I've sold mine and gone!
Read More →Reply to comment left by Simon Gear at 17/07/2024 - 13:46
Reply to the comment left by Cider Drinker at 17/07/2024 - 13:46Absolutely. I have never used it- why would you evict a good tenant in an uncertain world? Having said that I'm going to sell anything that becomes empty. More...
Read More →20th June 2024, 2 years ago
I am not really worried about any changes to legislation, I have good long term tenants so am not looking to evict people.Having said that I am now looking to downsize and any changes to capital gains tax will have...
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