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Hi all, I have an arrangement with a family member whereby the property was purchased by my sister and essentially "verbally gifted" to me to help me onto the property ladder. We are currently in talks of several scenarios in order to extract the equity/cash from the property in order to help me to build my portfolio. One potential case would be to sell the property and cash in on the current value; apart from the initial capital gains tax, are there any other law/tax penalties we should aware about if she was to transfer a lump sum to me following the sale of the property to
Hey everyone, my name is Francis and I'm currently a student at university. I've been looking to start investing into property, acquiring my first asset either this year or early next year. I was wondering if anyone would be able to offer me some advice for making my first investment. Thanks a lot in advance, looking forward to getting more involved with this community, Francis
Hi Guys, I think I'm almost ready to start shopping around for a buy to let property. Looking for any tips? does anyone have anything like a check list that they use with questions etc. I have found a property which has tenants in situ, does anyone have any specifics to watch out for in this example? any tips on the questions I should be asking when this type of arrangement occurs? Kind regards Chris p.s. Hopefully soon I can start helping the property hub members with my acquired and hands on knowledge soon