Why is this landlord selling up?

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    #1

    Why is this landlord selling up?

    I came across a landlord, who say he has to sell his property for tax reasons. He said he would be worse off, if he sold it later and needs to do it by the new year.

    I am struggling to understand, have their been any tax changes?
    Tags: None
    #2
    CGT loses reductions 5th April 2020

    https://www.luptonfawcett.com/about-...idence-relief/

    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      Yes, I do recall he lived in his property.....

      Taxation causing homelessness!

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        #4
        Not to mention the tax issues that Osborne brought in. Its hitting some people now as it went to full strength last year. So that they are making a loss- generally only those who are highly leveraged.

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