Caveat Emptor – buyer beware –is a well-worn phrase that underscores the importance of potential buyers doing their homework before agreeing to any purchase – and living with the fallout if they don’t.
We have previously discussed the tax aspects of being a host with Airbnb or other online accommodation platforms. With Airbnb’s increasing popularity, we thought a reminder would be useful if you’re an existing host about obligations to your lender, insurer and local authority.
This is a question often overlooked when buying your home. It is, however, a common situation when two people are buying a property together. Let’s take an example to show how these both work.
Our team here at Aspiring Law is fielding a lot of queries about the latest changes to what’s known as the “bright-line test”, the property tax regime that came in in 2015.
