The Importance of Financial Advice for Landlords

A lot of questions we get is about holiday homes and investment properties. Landlords are being squeezed on the tax deductibility of the interest so that's created a problem for landlords. If you do have a buy to let that's been at one time your private residence then you're going to be able to get an element of private residence relief. Capital gains on residential properties including by-to-lets properties you inherited it's 28 percent. The new capital gain reporting system needs now to be reported online within 60 days of completing on the sale of the property which can be quite complicated.