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Thursday, May 13, 2010

CGT could lead to bolt for door

The likelihood that Capital Gains Tax (CGT) is to rise from the current 18% to 40% could lead to a rush to exit for some buy-to-let landlords as they seek to minimise their CGT liability before the widely expected tax changes come in.

Could this throw up some buy-to-let bargains over the next few weeks as landlords desperate to sell up under the current tax regime look to get out now?

Property Hawk thinks so....

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