Hi, I am hoping for some guidance.
I own, with mortgages 3 HMO's. I own another HMO in a ltd company. I am a higher rate tax payer.
My long term plan is to sell these and buy flats.
My initial thoughts were to just sell as is and pay the CGT where applicable.
Or, is there another way? The profit from the 3 in my name would be circ 350k and 120k for the one in the company.
Could I use BICT. Sell the properties and use the proceeds to immediately buy more properties?
What are your thoughts?
Thanks
Mark
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