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Showing results for tags 'propery'.
Found 4 results
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Hi all, This Ad popped up on my Facebook as a sponsored Ad. Has anyone been to these type of sessions before? I'm guessing there is a catch as the venue looks quite expensive looking at the clips. Regards, Craig
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Hi all, This Ad popped up on my Facebook as a sponsored Ad. Has anyone been to these type of sessions before? I'm guessing there is a catch as the venue looks quite expensive looking at the clips. Regards, Craig
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Please can someone help! I am in the process of buying my first property through my new ltd company. My guess is it will complete in 6 weeks or so. It is a 3 bed property that will be a single let. The property is perfectly habitable now and could easily be rented out as it is, however I want to do a fairly big refurb. E.g. replacing the kitchen and bathroom, new carpets, redecorate etc. This will mostly be a like-for-like refurb and I don't think the majority of it will count as a capital expense. If I do this work before I first put tenants in, am I right in understanding that I cannot claim this work as an expense as it involves getting the property ready to be let. However if I put tenants in first, then when they leave I decide to do the refurb, I now could claim this as an expense as the "rental business" would have already started. Have I got that right? My big question is... *What is the minimum period of time I would have to have a tenant in my property before I could class any replacement refurb work as a revenue expense?* If I rent the property out on a 1 week AST, then do a big refurb, clearly this will turn some heads with HMRC. So what is the magic number? 1 month? 6 months? I hope I can get some wise responses on this. Many thanks!
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Hello there, Chloe here, from Australia. I'm getting married in a few months, and we would love to buy a family house in Adelaide. I thought that buying asap is the best option, since I've read that the prices are going to grow like crazy. For example, average house price in Adelaide was $440,000 in June of this year and that is 3,5 percent higher that the year before. Prices are event higher if you want something more decent, in a family friendly suburb, near-ish the city (according to this property price info source). So, buying could be a risky investment for us.. maybe even to risky at the moment. On the other hand, I'm afraid that prices are going to be completely beyond our budget in a two or three years... I'm such a newbie when it comes to real estate trends and future expectations, so I would like to know how legit is information I've read (about the huge price growth in a next few years). What do you think? Thanks!
