Pistonheaders and their First World Problems.
Discussion
Ray Luxury-Yacht said:
This week I've decided to sell one of my five investment properties - bought as a new-build 4-bed in 2005. It's appreciated extremely well, despite it's provincial location, and stands to make me a nice profit.
As a PH qualifying aside, some of the funds released - apart from being used to modernise my own home - will be used to buy a classic car of some description.
However there have already been two rather vexatious issues - the first being the disappointing capital gains tax bill which I have calculated, and the second being the tenants complaining about 'how and where' they are going to go now. The mere fact that I generously haven't put up the rent once, in the 4 years that they've been living there, clearly escapes them....
What should be a simple transaction is turning into a bigger issue than I first anticipated. I might well throw myself under a bus tomorrow....
Has your current residence appreciated in value by a similar amount? If it has move into the four bedroom property and sell the current residence, little or no capital gains tax if it has been your main residence.As a PH qualifying aside, some of the funds released - apart from being used to modernise my own home - will be used to buy a classic car of some description.
However there have already been two rather vexatious issues - the first being the disappointing capital gains tax bill which I have calculated, and the second being the tenants complaining about 'how and where' they are going to go now. The mere fact that I generously haven't put up the rent once, in the 4 years that they've been living there, clearly escapes them....
What should be a simple transaction is turning into a bigger issue than I first anticipated. I might well throw myself under a bus tomorrow....
With the profits you can buy...
1, A classic car
2, A JCB
3, Some lions
Use item 2 to dig a large flat bottomed hole in the ground then carefully release item(s) 3 into the
HTH?
Ps
Large tanks of water and sharks work equally well
GTIAlex said:
I dont know whether to use my student loan to part finance a high mileage BMW M5 or whether I will face financial ruin. Also I'd have to sell my Range Rover as well. Decisions decisions.
as this is PH yea go for it. With the 95% of the rest of my brain, no you're insane just go and plough some women (or whoever floats your boat). Cars will always be there, but your youth will not!!! Actually maybe cars might not be there.... you get what i mean, hopefully.Tango13 said:
Ray Luxury-Yacht said:
This week I've decided to sell one of my five investment properties - bought as a new-build 4-bed in 2005. It's appreciated extremely well, despite it's provincial location, and stands to make me a nice profit.
As a PH qualifying aside, some of the funds released - apart from being used to modernise my own home - will be used to buy a classic car of some description.
However there have already been two rather vexatious issues - the first being the disappointing capital gains tax bill which I have calculated, and the second being the tenants complaining about 'how and where' they are going to go now. The mere fact that I generously haven't put up the rent once, in the 4 years that they've been living there, clearly escapes them....
What should be a simple transaction is turning into a bigger issue than I first anticipated. I might well throw myself under a bus tomorrow....
Has your current residence appreciated in value by a similar amount? If it has move into the four bedroom property and sell the current residence, little or no capital gains tax if it has been your main residence.As a PH qualifying aside, some of the funds released - apart from being used to modernise my own home - will be used to buy a classic car of some description.
However there have already been two rather vexatious issues - the first being the disappointing capital gains tax bill which I have calculated, and the second being the tenants complaining about 'how and where' they are going to go now. The mere fact that I generously haven't put up the rent once, in the 4 years that they've been living there, clearly escapes them....
What should be a simple transaction is turning into a bigger issue than I first anticipated. I might well throw myself under a bus tomorrow....
With the profits you can buy...
1, A classic car
2, A JCB
3, Some lions
Use item 2 to dig a large flat bottomed hole in the ground then carefully release item(s) 3 into the
HTH?
Ps
Large tanks of water and sharks work equally well
Post of the year, close the internet now!
Sadly the investment property is too far away to move into and nominate as my Principal Private Residence - I've already thought of that...
It's 200 miles away so there's no chance. If it was even say 50, I would have considered that. I've obviously also considered making it 'look like' I live there....but that would be naughty
seriously though, it's a decent profit regardless, so I'm not too bothered. Besides, Dave and George need every penny they can get at the moment, and I feel a sense of responsibility to my country to pay my taxes Spoke to the tenants again today, they've calmed down a bit now - they reckon they will be ok now.
So, looks like instead of throwing myself under a bus, I might buy a bottle of champagne and get drunk instead, whilst rolling around on a bed covered in 50's, coke, and hookers
Monkeylegend said:
Apparently that's the problem, none.
I did really read that, as far fetched as it might seem.
This might put your mind at rest, it sounds like a development of this 'fact'.I did really read that, as far fetched as it might seem.
http://www.snopes.com/science/stats/spiders.asp
King David said:
Monkeylegend said:
Apparently that's the problem, none.
I did really read that, as far fetched as it might seem.
This might put your mind at rest, it sounds like a development of this 'fact'.I did really read that, as far fetched as it might seem.
http://www.snopes.com/science/stats/spiders.asp
The downside is that if my other half reads this and sees it is ok to open her mouth in bed, I won't be getting much sleep, so can we keep this to ourselves please.
Monkeylegend said:
Apparently that's the problem, none.
I did really read that, as far fetched as it might seem.
They won't be getting into my ears as I wear ear plugs ( on account of the sheep ), I'm worried that may mean they seek out other bodily locations for their spidery meetings?I did really read that, as far fetched as it might seem.
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