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Where Taxpayers and Advisers Meet

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by Mr Crowley
Tue Dec 11, 2018 11:22 pm
Forum: Property Taxation
Topic: Flat conversion
Replies: 1
Views: 585

Flat conversion

Hi all In January 2017 I bought a residential property jointly with a friend of mine, with the intention of converting it to 2 flats for subsequent resale (so liable for income tax rather than CGT). The first completed flat (flat 1) sold in December 2017, but at this stage we had technically not rea...

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