Advantages of selling up 1st (i.e. punt yours before buying another place) - Corsa Sport - for Vauxhall and Opel Corsa B, Corsa C and Corsa D

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Corsa Sport » Message Board » Off Day » House Day » Advantages of selling up 1st (i.e. punt yours before buying another place)

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Robbo

Member

Registered: 6th Aug 02
Location: London
User status: Offline

13th Dec 07 at 09:28

quote:
Originally posted by Colin

quote:
Originally posted by MikeD
why not rent your place out, the money your going to get (you stated in other posts) will cover it and a place with Jade, call it your pension???

Id get hit with capital gains tax........when I came to sell it.

Not necy, if you sold it and purchased another house to rent out then you cna rollover the gain... someone will eventually pay tax but fuk it, let it be your kids and inheritance tax