Re: House buy out
- From: "B Bear" <teign2nz@xxxxxxxxxxxxxxxxxx>
- Date: Fri, 15 Sep 2006 18:18:42 +0100
Just wanted to make sure.
Cheers me dears.
BB
"Ronald Raygun" <no.spam@xxxxxxxxxxxxxxxxxxxxx> wrote in message
news:U_zOg.19557$r61.6965@xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Peter Saxton wrote:
On Fri, 15 Sep 2006 14:53:13 GMT, Ronald Raygun
<no.spam@xxxxxxxxxxxxxxxxxxxxx> wrote:
B Bear wrote:
My partner and I are going our separate ways.
She is proposing buying out my share of the house.
I take it that since it's my only property and I intend to purchase
another that there will be no tax to pay. Is this correct? i.e what I
see is what I get.
No. Your intention to purchase another has no bearing on the matter nor
does the fact that it's "your only property" (which could mean it's the
only property you own, but isn't actually where you live).
What matters is whether the property has been your principal private
residence during the entire time that you (will) have owned it.
Subject to various exceptions, of course!
Of course, but there has been no indication that it would be useful
to go into them. And I didn't want to say anything non-useful, as we
all know a synonym for "useless", don't we? Hint: It's a word starting
with 'r' which you seem to have grown rather fond of of late.
If only you'd just get over it perhaps we can get back to normal.
I've been winding you up by using the R-word at you, only to show
how ridiculous it makes you look telling everyone that they're talking
rubbish. You don't even reserve this treatment for Tim but use it on
innocent folk just asking simple innocently ignorant questions. And to
top it all, you use it on me! Are you *sure* you've gotten over being 50?
.
- References:
- House buy out
- From: B Bear
- Re: House buy out
- From: Ronald Raygun
- Re: House buy out
- From: Peter Saxton
- Re: House buy out
- From: Ronald Raygun
- House buy out
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