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Tuesday, May 12, 2009

Strictly star shows the way with buy-to-let tax avoidance

I know that for many landlords the days of capital gains and rising prices are a distant memory.

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However, as sure as eggs are eggs the day will come again soon when the sale of a property could result in a large capital gain.

One celebrity landlord or landlady has highlighted the fact that there are ways that a landlord can neetly 'side step' paying capital gains on their buy-to-let property.

Any landlord who has watched the BBCs programme strictly come dancing may have admired Danish dancing sensation Camilla Dallerups attractive footwork may also be impressed by her financial acumen.

In this recent article in Thisismoney she illustrates how she is using the system that allows a landlord to nominate their Principle Private Residence to minimise her exposure to future capital gains tax liabilities.



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