Hey Jack, great content! One question, if I bought a house in my personal name lived in there for 1 year then decided to get a Consent to let for 1 year. Would I pay Capital gains tax when I come to sell it in 1 year as I've rented it out ?
Hi Jordan, I have never gone through that process myself - but reach out to an accountant / tax specialist as they will be able to give you the best help👍
how much money would you say you need for a first brrr im from north east so they are pretty cheap could you give me numbers on everything for a property worth 80k and need full refurb if possible
This was so good Jack, reminds me of my first purchase too. Please keep it up, I’ve enjoyed watching your guest interviews.
Thank you, I appreciate that! I’ll definitely have some more coming in the new year!
I've signed up to your free course in January lol
Amazing! It’ll be available online early January!
Hey Jack, great content! One question, if I bought a house in my personal name lived in there for 1 year then decided to get a Consent to let for 1 year. Would I pay Capital gains tax when I come to sell it in 1 year as I've rented it out ?
Hi Jordan, I have never gone through that process myself - but reach out to an accountant / tax specialist as they will be able to give you the best help👍
@@jackdavidsmith no worries buddy, thank you
how much money would you say you need for a first brrr im from north east so they are pretty cheap could you give me numbers on everything for a property worth 80k and need full refurb if possible
You would probably need a minimum of around £50,000 for a very cheap property
Guys, I want to start flipping houses but I know nothing! I’m so scared !
Scamual Leeds is not a property investor
Na he’s a plumber I think 👍
@Motivationplanet886 he actually used to be a magician, and I'm not joking, do some reaserch. He has made his money selling a course not property.
@@Hal-r3l do you not think he owns any property?
He's clearly got knowledge on property, so i wouldn't say he's a scammer just cuz he's selling courses on property to help other people
@UTK37 he is 100% a fake guru. All his 'knowledge' that he sells in his course can be found for free online if you do enough of your own research.