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investment property dilemma, help?!

anskills · 2007-05-27 22:49:01

hi folks, my g/friend and i are currently looking into buying a local property in need of major full rennovation. i own a flat with good amount of equity, but girlfriend is with parents still. we hope to buy this flat and initially my girlfriend is to live there for a year or so, after which we hope to move in together to…

Comments

anskills Posts: 187 Forumite

28 May 2007 at 10:10AM

right, i must read up on CGT. so even though it would be my second property, we could write off any tax against improvements and the fact the property was lived in for a year.

we have an IFA and solicitor ive used a few times for my past properties, but im trying to understand if its feasible before i consult them. thanks for everyones help!

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