Sally Smith

Registered with Property118.com
Thursday 24th July 2014


Latest Comments

Total Number of Property118 Comments: 2

Sally Smith

12:25 PM, 31st August 2016
About 4 years ago

How do I value property if I became joint owner 6 years after purchase?

Reply to the comment left by "Fraser Maldoom" at "31/08/2016 - 11:20":

Absolutely. That's exactly what I did. My accountant told me what type of valuation to get & on what basis it needed to be done. She then dealt with the tax side for me. Didn't mean to mislead but didn't want to make it sound too complicated. Just for clarity - I didn't acquire my share from a spouse.... Read More

Sally Smith

9:50 AM, 31st August 2016
About 4 years ago

How do I value property if I became joint owner 6 years after purchase?

I also acquired part shares in a property. which I sold last tax year. I needed to get a surveyor to value the property as at the date I acquired it ie a backdated valuation. They then produced a document which I could use for tax purposes when I submitted my Capital Gains figures. I found it all quite complicated & so I employed a local tax expert (someone working alone not a large company) - cost less than £100 so well worth it in my opinion.... Read More