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  • Section 24 HQ

    Calling on DL

    My strategy has always been to buy only if there is potential for uplift in value, be it extending the lease, refurbishing or just spotting an undervalued property.

    So for me rent is only one part of the deal, I also want increase in value.

    Once I 'pulled up' the property to its fair market value, the rental value doesn't really stack up any more and the market conditions are right I sell.

    Most of my properties are in joint personal names so I get 2 x £11k tax relief on the capital gains tax.

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    I think if your Flipping and you have a wife or a husband it can work well

    Best of luck with your future purchases If it works stick with it

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.