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Tax Insider Tip: Successful Main Residence Relief Claimed After Only 52 Days

31st May 2016
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One of the most (if not THE most powerful) tax planning strategies for property owners is to have a property as their main residence for a period of time.
 
The question that frequently gets asked is:
 
“How long does one need to live in a property for it to be classed as a main residence?”
 
Well, the answer, as with most tax cases, is never simple.
 
Mark McLaughlin has written an article that highlights a recently successful private residence relief claim by a taxpayer despite having occupied his property as a residence for only 52 days.
 
It is a sample article from our popular Property Tax Insider newsletter, but you can read it right here:
 
>> Successful Main Residence Relief Claimed After Only 52 Days
 
Given the huge tax savings from this relief, it is important to have this as part of your property tax reduction strategies. In fact, this strategy alone can reap huge tax savings for small portfolio landlords.
 
Get free access to 11 more property tax saving strategies as part of our 'three-free-issue' Property Tax Insider trial.
 
Go here to learn more:  
 
>> Property Tax Insider – 3 Issue Free Trial

Successful Main Residence Relief Claimed After Only 52 Days

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