Should you rent/lease your property at any point in time, it no longer becomes your principal place of residence and will be subject to Capital Gains Tax from that point in time.
A Quadrant CGT valuation from this date can prepare you and highlight your options with regard to the gains you will be subject to in the future, this will place you in a position of control.
Land appreciates and homes depreciate!
Should you improve your investment property by renovations, additions or perhaps knocking down and rebuilding the entire house, you are increasing its total value, and inturn increasing your Capital Gain on sale.
Your Capital Gains Tax can be minimised by choosing your renovations and improvements times carefully. Your accountant, solicitor or financial advisor can help you choose these times.
Quadrant can provide the appropriate Capital Gains Tax Valuation for you, whatever the situation — current or backdated.
Quadrant can value your property in any market — current, past or future.
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