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What is the best option to buy a £2m house requiring modernisation?

Form a 1 director limited company (with no problems in acquiring 50% funds to secure house) and use ltd company to modernise and then sell the modernised house to sole director at no profit and liquidate company and the house being your main residence would have no cgt on its sale or via self funded personal pension plan money and get a mortgage for the balance What are tax implications?

Asked on Dec 8 2015, Home Finance in London | Report content

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