Owning your own home

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Sam_w in reply to @NickCJ

If i'm honest I don't know, but it is not something my accountant flagged up as a potential issue, and we are in our forever house, so I am aiming to die here...

I assumed that after 7 years I could "buy" the cabin off the LTD for a nominal fee, but could be wrong there.

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duncs in reply to @Sam_w

I assumed that after 7 years I could "buy" the cabin off the LTD for a nominal fee, but could be wrong there.

this would be my assumption. it's not a permanent building and after 7 years its value could be assumed to be zero, so there's nothing to gain

^ edit: beaten to it

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Sam_w in reply to @duncs

Yes, and I can prove it is not permanent, as I have taken it to bits and moved it (not that I would ever want to do it again!)

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