Covid-19 Bounce Back loans for property businesses16:06 PM, 5th May 2020
About 4 weeks ago 47
I am a British National with a small Buy to Let portfolio. I am married to an Egyptian national, who has no residency in UK, though is a regular visitor.
He is therefore not a UK tax payer and has no UK income.
My UK income is only from the BTL’s. If he buys a property in his sole name (for cash), what are the tax implications when he sells it?
He’s thinking to buy at auction and resell withing a few months, one property at a time…..
Thanks for any advice
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