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For the government and/or sad act socialists to stop you avoiding inheritance tax they’d have to basically abolish cash and make all gifts taxable.
I put this in the tax avoidance thread which seems to have ?disappeared? http://www.telegraph.co.uk/finance/personalfinance/tax/11395829/Buy-to-let-Buy-your-children-a-home-and-pay-no-tax.html Because of the 7 year rule you can pretty much LEGALLY avoid inheritance tax. https://www.gov.uk/inheritance-tax/gifts |
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they should tax buy to let income double.
house prices need to fall in line with other countries otherwise in the near future our economy is going to be in serious doo doo |
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Our money is in property. Maybe best to sell up when maples older and just buy her a house and party with the leftovers.
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And before g1 batters me it's commercial property not buy to let's.
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id sell up anyways mt.
have you looked at how the eu is doing property price wise and what around the corner in the next 5 years or so? |
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G1 the rental in one on these far outweighs the selling price.
One had paid it's full buying price back in just 10 years so owes us sod all now. |
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Rental income
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fair enough mt but if you do your research surely you see what im getting at
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