How much tax do you pay when you flip?

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  • Опубліковано 30 січ 2023
  • Tax? I think of it as a contribution to schools and hospitals. However there is still no need to pay more than necessary!
    Start with the good stuff? How much money you can make flipping?
    Typical profit? 20% mark up. Sell a £500k property likely to make around £100k profit (before tax)
    In this video I walk you through the different systems to flip property to have different amounts of tax to pay.
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КОМЕНТАРІ • 6

  • @Neddie2k
    @Neddie2k Рік тому

    Thanks for sharing your insights as usual.

  • @Kilex6522
    @Kilex6522 Рік тому

    Hi Susannah,
    Would you have a Deal Analyser for Flips to work out 20% mark up?
    Thanks

    • @susannahcoleuk
      @susannahcoleuk  Рік тому

      Hello I replied on your other comment as well so I will copy that here for you
      Hi I have two free checklists that are likely to help you.
      Flips: thegoodpropertycompany.co.uk/product/work-out-flipping-property-costs-checklist/
      Property: thegoodpropertycompany.co.uk/product/analyse-your-property-portfolio-checklist/

  • @liamsxa
    @liamsxa Рік тому

    If only the government spent it on schools and hospitals instead of giving there pals goverment contracts

    • @susannahcoleuk
      @susannahcoleuk  Рік тому

      Having felt really let down by our beloved NHS these past 2 years yes I would like to see funding improve that service.