Home Move: Property Forums
The UK's independent property information site
|   Home  |   News  |   Guides  |   Forums  |  

Go Back   Home Move: property forum > Property Forums > Selling Property
Paying the tax -1st and 2nd homes..... Paying the tax -1st and 2nd homes.....

Register FAQ Calendar Search Today's Posts Mark Forums Read

Selling Property Discussions about selling a house, flat, or other home and dwelling.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 04-01-2011, 06:24 PM
Junior Member
  
Join Date: Jan 2011
Posts: 3
Default Paying the tax -1st and 2nd homes.....
Hello - The situation is that me and my father are building a pair of three bed semi detached properties. It's basically my land and he is putting the money in to build. The idea is we get a property each when built. He is going to rent his and sit on it, whilst I want to sell mine and take the profit out...

The question is ; I have to make it my first home so i do not get stung with tax, but do not want to live in it or move out of the house I am in. What are (if any) the ways around it?

Any advice is welcome, thankyou !!!
Reply With Quote
Reply

« Directory of estate and letting agents | No freeholder approval for alterations »
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

 
» Property Boards
Buying Property Selling Property Estate Agents Solicitors & Legal Builders & Developments
Property Development Home Improvements Buying Property Abroad


All times are GMT +1. The time now is 07:21 PM.

Home Move - Top

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.

Important Notice: HomeMove.co.uk does not provide professional advice on any aspect of buying, selling, developing or investing property. All posts are provided as lay opinions and not personal professional guidance. You should always seek a qualified professional for professional advice in relation to your personal circumstances. The HomeMove.co.uk forums are not monitored, and the site administrators cannot be held liable for the content of the forum. If you have any objection to any post on the forums, please either use the Report Post feature, or else Contact Us to ensure such content is properly dealt with. We are not responsible for third party links on the site.