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Showing results for tags 'market value'.
Hi, I have a ltd co, currently with 4 properties within. I also have a btl property in my own name which I am considering transferring to the ltd co. I understand that I will be liable for the 3% stamp duty and potentially cgt on any gains based on current ‘market value’. However I am unclear who determines market value (please don’t say the market:) ) and what evidence is required as proof, so I can calculate the tax due? Any help appreciated Regards Dougie
Hi i find myself in a situation where as a 1/3 joint owner of a property (tenants in common) we are dividing the property as sadly relations are not all as amicable as they might be, comm's are minimal currently. Recently at the "Nth" hour in division proceedings the other two stakeholders, who are hanging onto the remainder of the property have expressed a wish to have a "right to first refusal" option on the portion of the property that i am to hold onto (as sole owner) in the division. Can anyone please tell me what the norm is in such a scenario? Specifically; they are requesting that the