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No doubt you have heard the famous quote…
“Failing to plan is planning to fail”
Capital gains tax (CGT) is arguably in many cases nothing more than a tax on inflation.
Landlords tend to get so used to the idea of their property portfolios effortlessly moving upwards that they forget there is likely to be a price to pay in the end.
In the January issue of Property Tax Insider, Alan Pink highlights a tax issue that landlords often forget and points out some potential ways to avoid the pitfall.
Another must-know strategy for every landlord/investor!
As part of our 'three-free-issue' Property Tax Insider trial, you'll get this article plus more delivered to your doorstep.