Possible exit strategy by transferring beneficial interestMake Text Bigger
My husband and I own our BTL’s jointly. Say I wanted to retire to Cyprus or Malta permanently, could we transfer beneficial interest so we each owned half the properties individually, and then I sell my share largely free of CGT whilst living abroad for at least 6 or 7 years.
We are not splitting our relationship – we spend a lot of time on holiday anyway.
We are nearing retirement age and have been letting HMO’s for many years.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.