ASK480: Is it a good time to flip? PLUS: My house is worth £500k, do I need to pay more tax?
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 returns are due, and whether standard landlords can claim relief. Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. Find out more about Property Hub Invest