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Borrow money from investment property

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stebiz
stebiz Posts: 6,592 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
edited 6 March at 1:01AM in ISAs & tax-free savings
If I was to borrow money using the capital of one of my investment properties how would I deal with this as far as future capital gains. Anybody know?
Ask me no questions, and I'll tell you no lies

Comments

  • eskbanker
    eskbanker Posts: 37,039 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you're talking about securing a loan on a property then that wouldn't be a disposal for CGT purposes, so no effect on the acquisition price for when you did eventually sell.
  • Sam_666
    Sam_666 Posts: 123 Forumite
    100 Posts First Anniversary Name Dropper
    You need to be more clearer with your definition of "borrow".

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