Want to create an interactive transcript for this episode?
Podcast: The Property Podcast
Episode: ASK480: Is it a good time to flip? PLUS: My house is worth £500k, do I need to pay more tax?
Description: It’s time for your latest edition of Ask Rob & Rob...
(0:41) Joe has three rental properties, each worth up to £350k — one mortgage-free and two with interest-only loans. With strong rental income, he’s keen to start using the equity to flip properties and asks Rob & Rob for advice on where to start and what kind of returns to aim for.
(4:15) Ed’s successfully growing his portfolio, purchasing high-end buy-to-let properties through a limited company. But after coming across the Annual Tax on Enveloped Dwellings (ATED) he wants clarity on how the five-year valuation rule works, when...