advice on buying a house to rent out required?

[Teabag Express]

A way around the capital gains tax is to set the rental property as your primary residence before you sell it. Once sold set your actual house back to the primary

 

[west didsblue]

A way around the capital gains tax is to set the rental property as your primary residence before you sell it. Once sold set your actual house back to the primary

That's called fraud.

 

[denislawsbackheel]

A way around the capital gains tax is to set the rental property as your primary residence before you sell it. Once sold set your actual house back to the primary

You've never done it clearly.

Nominating a PPR has to be done within 2 years of getting a property. If you don't live in it it cannot be your PPR.

 

[sir baconface]

A few years back I rented out Worsley towers for a few years to a bird I worked with.

Agreed rent was £650 a month paid on the first.

The arrangement ended up with my getting to shag her once a month in exchange for free rent.

I think the term is prostitution.

Worked well for me.

What if you were unavailable on the 1st? Was it rescheduled or did you settle for a DIY job that month?

 

[Blue Mist]

A way around the capital gains tax is to set the rental property as your primary residence before you sell it. Once sold set your actual house back to the primary

That's called fraud.

I thought it was called being a politician.