Change from BTL to fhl to reduce cgt?

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M
Miaken
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I am planning to sell at least 25 properties pre the full roll out of s24 and wonder if there is any benefit to changing those that I can, into holiday letís for a while?

I pay 28% if I sell one now, but believe if a BTL is changed and run as a holiday let (following all the proper rules) the CGT if eligible for entrepreneurs relief can be reduced to 10%

I have three that could easily be converted and successful, but I see ex council homes being run as Airbnb and wonder if this is a technique other landlords are using to reduce their CGT liability?

Thanks

20/04/2018 10:03

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