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Thank you..
Referring to the first question’s answer,
What I understood here is, even though our main home still has mortgage to pay (and I willing to continue paying it every month as I’m the beneficiary), I don’t have to pay any Stamp Duty tax?
Appreciate your kind responses ?
Hi all,
I’m Cindy, I have lot of things going on after demise of my husband recently. Its quite tough to handle the current circumstances in managing the estates. My husband has inherited our main residential home, together with other assets (like company shares which I have discussed in...
Thank you
I would definitely go through the company’s shareholder agreement to make sure whether there’s no restriction.
Appreciate your kind responses ?
Oh alright Mike, thank you.
For capital gains, its only payable when i decide to sell any of those shares one day in future, right? When I don’t sell any, that means there’s no tax payable?
Thank you ?
Hi Mike,
Thank you so much for your kind responses.
Even though there are mortgages and liabilities in each of those company (real estate & buy to let), the shares still can be transferred to my name, so I can be the shareholder in each company by holding those proportions of shares (by...
Hi all,
I’m Cindy, currently i am going through some difficult circumstances and confusion due to death of my husband and on top of that is handling the estates. I am sorry if my questions here is bit out of topics.
Here is the situation, my husband just recently passed away & he inherited his...
Hi all,
Thank you once again for your kind responses.
My plan is to purchase few properties under my construction ltd company name & maybe transfer it to my name in near future. As the funds I will be using for down payment of mortgage is from myself. However I have a question running in my...
Hi there,
I am ltd director as well as the sole shareholder & going to purchase properties under the company. My question is will i be able to transfer those assets into my personal name (maybe once I am going to close the ltd one day in few decades), if I wish to? Company is running smoothly...