Property Bought Fast for Cash
I have bought a BUY TO LET property with a friend but he has now moved into the property and is breaking the mortgage terms and conditions? I am paying the entire mortgage but he won’t move out, the property is in both of out names what can I do?
According to Indian income tax rules, what is called as loss on let out property. Is there any basis for declaring it and claiming the same. Thanks VKB. Just trying to add more clarity to my question. Assuming, the individual pays some amount for maintaining the house (for general maintaince, repairs, power, water, coloring etc), [...]
My parents are planning on buying an investment property. They plan on paying cash for this property. So they will not have a mortgage. I will be renting the place from them with 2 other people. If they decide to finance a second property, would they be able to use the rent from both properties [...]
I haven’t paid my proprty taxes for the current year and am trying to sell my house. If it doesn’t sell soon, I will be forced to let it go into foreclosure. Will they try to collect the property tax due up to the point when the foreclosure is completed?
I have a terraced house built in the 1900s. The party walls do not continue up into the loft – the loft of the whole terrace is one large space. If i want to rent the property out, will i need to put some kind of partition/fire barrior in? Also any ideas of cost would [...]
My grandmother made a will(registered) one portion of property for me and other portion of same property for my aunty (my grandmother daughter). i need to divide the property for pay the tax separetly but my aunty is not ready to divide the property please let me know how can i go ahead?what are documents [...]
I have been in the property for six months but the landlord would have been aware of the infestation as rentokil have an arrangement and visit every six weeks. Apparently it’s been going on for 18 months! I was not made aware of this before I moved in and I now want to leave but [...]
and have found someone willing to swap for a different property of similar value what implications does this sort of transaction carry. In terms of capital gains tax is there a liability or is it possible simply to exchange title deeds? Many thanks for any help with this.
How much does it cost to let out a property? I.e in taxes ect? If you rent a shop and the flat above but are aloud to sub-let the flat. If you were to do it privately and not through the tenant?
I’m currently moving home and my buyer wants us to rent so he can move in quickly. It would be two of us and a cat, so we’ll need to rent here in Sussex for up to 3 months. Is this possible? The answers so far are crap. Read the damn question!!!
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