We Flipped This House & Made £100,000 Profit 💸

[@jacksonsmummy100]

Perfect tax avoidance and perfectly legal! Nice one!

[@paulbond1102]

I had to switch it off, the guy was absolutely doing my head in interrupting the couple.

[@lewisheart]

too much packet at lunch time I reckon.

[@frankwood11]

Nice to see James Corden has a sideline.

[@HamzaKhan-im1ls]

LOOOOL that made me laugh😂

[@brianwalker2201]

Lasted about 10 seconds watching him.

[@jayjoseph-r5t]

Nikado avocado*

[@oliverblackhall]

😂😂😂😂😂😂😂

[@J90JAM]

Housepool karaoke or something.

[@fiestygemini2379]

If your going to ask a question please let the people respond and not interrupt!

[@cryptokingz615]

was driving me mad haha cut them off after every question.

[@seithlugolobi2346]

Samuel Leeds needs to buy my training course to look lean

[@badral-hussain6757]

The seller agreed to sell to the person whom he made the agreement with, and said no to others who we’re offering more. Respect.! Man of his word. Did the same thing myself, although didn’t make any profit but broke even. I know the feeling to be gazumped at the last min.!! 😡. It’s bloody annoying.!

[@dellaestatesltd437]

Bingo! We’ve been gazumped sooo many times I’d never do it to anyone for a quick buck!

[@jasbindersingh2441]

Modern UK I'm afraid...a land full of get rich quick gobby property spivs.... Hope interest rates don't go up too much , would be awful for property speculation

[@ukandrew]

If moving abroad with the idea of property developing abroad you do need to know the country tax system and the restrictions levied on foreigners. Know of developer who had a similar idea. Bought abroad, flipped a few times then decided he wanted to sell up and return to the UK. This is where he found the country he was in would not allow him to remove more than 50% of the properties value. Some countries do this and more to control the amount of currency leaving the country. Also different regions in a foreign country often have different rules. Good research is key

[@MrCraigShepheard]

If the house was empty for more than 2 years you only need to pay 5% VAT on the refurb costs which helps your cash flow massively

[@maxthelab8457]

So...........no mention of the value added simply due to market uplift. Could have kept a wreck, done nothing to it, then flogged it on 1 year later and probably made a tidy profit. That's all market dependant of course but that £100K must have an element of market uplift to it - HPI has been very healthy over the last decade. We bought a bungalow for my Mum Feb 21 for £520K and they are now selling for £640K - not bad for no real effort.

[@ljp206]

Man could have made less of a 'profit' and done the right thing by selling for a fair price instead of making a huge amount of dosh

[@paulskerritt1627]

They say at 14:20 that they could have immediately sold it for £90K profit, without any renovation. So really their 6 months of renovation earned them an additional £25K.

[@paulskerritt1627]

Sorry, £35K, not £25K.

[@kieranloney3031]

So the house was 165k and the refurb was 125k so 290k into buying and doing up leaving a total profit of 125k thats before the profit is split with the investor so how much did they make in total depending on the contract with the investor? Point is the title is miss leading don't get me wrong I still think they will be walking away with a profit of around 30-50k

[@Thetavern09]

If you listened they said the £125k included the investor’s return

[@eliakimjosephsophia4542]

I think I her heard her say £30,000 to the investor.

[@bobbyshermanski611]

£125k total costs including investors return is phenomenal. What would have been really interesting would be a proper breakdown showing, costs of goods, services, investors return etc. I presume this couple did all the heavy lifting themselves IE building work, interiors etc???

[@Mentorh1900]

I think you right that cost for refubrish is very low, just don’t add up the amound the work is done. I personally dont trust this guys!

[@bubaba8938]

Yep,no breakdowns of costs

[@Bobsbud100]

I want to know this is as well and how much the investors make etc etc.

[@NoNonsenseJohnson]

The fella said he was a plumber so makes sense.

[@D1Pritchard]

Sam needs to learn to shhh when people are speaking. Let them speak before you ask another question 🤦‍♂️

[@jessicajones2195]

that is a very good point Daniel

[@charlottef4917]

I came to the comments to say this. Was annoying to watch

[@jessicajones2195]

yes

[@onx9920]

It’s called Asperger’s. chill ass hole

[@eGamingable]

90% of bri'ish are like this. Talking non-sense and 0 listening.

[@UpsideDownFork]

Having grown up with Darren, his success doesn't surprise me one bit. He always had a determination that most others lack. Nice one mate 👍

[@dellaestatesltd437]

That’s very kind, thank you 🙌🏼

[@wzz2891]

The taxman will be very interested in this. Abundantly clear their intention was to develop for profit, and they clearly state they've been doing similar 'projects' around the area and afar. The guy also says 'it's our job' doing this.

[@yogi2dab]

Perfectly legal

[@potato1084]

As long as they’re doing something legal the “taxman” can’t enforce anything. Plenty of people do this!

[@willhutchinson2977]

Who cares it’s legal and I’d do whatever it takes to not pay tax and so would most people

[@Ghost1face]

What’s the time scale to live there to stay legal ?

[@patmanrick]

​@@yogi2dabit's tax evasion. PRR is not available where the primary purpose of buying the property is to make a capital gain. So they should be declaring this for CGT purposes based on what they have said here. If they had simply said that they like living in nice houses and the tax advantage was a happy byproduct then it would be kosher.

[@OwenSithole]

Watching from South Africa, amazing video! I am so inspired to do this in my local town! Sam, please search for Cape Town properties as the Pound currency is double our currency which would offer great opportunities to make money with beautiful homes contrary to any fears one would have relating to us. All the best!

[@waynewinky2754]

Renovating is getting shit these days. Almost impossible getting the trades onto site due to high workload commitments or covid, and many of the ones that do turn up do a half assed rush job because they are incompetent or stacked out with work. Would'nt bother renovating in this day and age, not worth the hassle or constant worry for the investor or homeowner. Building industry quality and standards have turned to shite like a lot of other things in todays world. Progress.....pffft, just dissapointment and anger at the lack of quality in todays rushed money driven world!

[@miralemnyz]

Wow that bird is something mate.. 🔥

[@SPrincessbeneficialknowledge]

Amaxing work Interesting narrative

[@jdautos3733]

the guy thats company owns 0 properties on its books, its been on TV

[@Isalehasapphire]

Where can we find houses like that

[@Lisa_marchelina]

I did that too in essex but after 20 years!!

[@asboukcomfortable1670]

Why not? Fascinating, always wanted to flip houses! UK ❤️🇬🇧

[@reidtv7185]

Cracking job, only part that was missed was you never mentioned where the £125k for refurb came from?

[@dellaestatesltd437]

3:25 we used an investor :)

[@lexframes5335]

@@dellaestatesltd437 And in return they received interest I guess?

[@Charlton2010]

@reidtv7185 they did actually say in the video the investor paid for everything…..somebody wasn’t listening 😊

[@nazmulhaque5958]

What a wonderful video and informative clips , you asked exactly viewers wanted to be listen answers 🎉.

[@baldywildcamper]

Love at the end how the guy goes, yer I use to buy a car and be in debt with the finance , then I pumped all my money into property and did a course in 2019 and now I own them all. If you have all them cars on your drive its obvious you are buying and selling cars. You wouldn'tb just own all them cars. ACTORS.

[@atom1875]

To be fair, I would. If he is making £100k flipping one house, he can probably afford to own all those 7 cars and use each one for each day of the week.

[@DMC888]

You're spot on, he's an ex car dealer. Old habits die hard.

[@hearmenow909]

He pumped all his money into property to get going, now he has investors that finance the builds, which frees his own money up a bit more. He said one was a track car, the focus is obviously a run about, his Mrs probably drives the Range Rover and he drives the Bentley. Aside that there was an older BMW, not that excessive really considering where they are with their business. They're not actors, the house is famous and it didn't renovate itself.

[@DMC888]

@@hearmenow909 he lists those cars for sale on Facebook all the time.

[@ThatCarGuy1983]

@@hearmenow909 Mr Gullible It's time for a new moniker I feel

[@hadenfirlej97]

What was the training that you guys done?

[@diegoperez2090]

Amazing job! These guys did really well! Its just the house next door looka so crappy compared to this refurbished house.

[@salimrehman2028]

How much does it cost to replace the whole house from the wood floors, support pillar, roof, water pipes, electrical wire, radiator. Only the brick stay but get another plaster all over.

[@simonheywood1286]

Q???… What length of time did there live in the house for to avoid paying tax???

[@axnn1]

About a year I believe

[@rodgerwest1855]

This is really a smart way to buy pay no SDLT on purchase as it needs modernisation, buy it in a Limited company (using others money), live in it then to avoid paying any tax on the £100k of profit just say you live in it Darren & Ella are smashing it.

[@maxthelab8457]

If they bought through a Ltd entity, then they WOULD have to pay tax ( Corporation Tax ) on the uplift as that would be deemed 'income' ( profit ) so not a smart move. You can only enjoy the tax-free profit if it is YOUR main residence for 12+ months.

[@Secret19977]

@@maxthelab8457 the limited company would have to not the new home owners

[@maxthelab8457]

@@Secret19977 Well if they are the owners of the Ltd Co then it's the same thing - as the tax liab would decrease any dividend distributions available.

[@Tina-ng9up]

@@Secret19977 it's their 4 th BRR so are you a new home owner each time you buy a new property after selling previous one?

[@REALLYRANDOMREVIEW5]

Im 100 % looking into some Joint Venture projects I can do a lot of work myself, only electrics, plumbing, maybe plastering, would i need some help. Im not in a position to invest or do anything finacial at the moment but i got to start somewhere and maybe i can use my skills and Time to do Projects with others learn on the way and network. knowlage is power ! Thanks guy's your inspiring

[@thekofiannan]

This is sweet😄😄😄( In Samuel's voice)

[@Secret19977]

Offshore bank account and use the money from the offshore bank Account to fund buying and investing in the property then it’s zero tax, income tax wouldn’t need paying, corporation tax wouldn’t need paying either

[@timothytannerandtheamazing5054]

Finding a dilapidated property and adding value to it is the way to go!

[@chrisjannahthomas3877]

What is that bike......it's SICK!!!!

[@eccentricity9697]

Let them speak man. Haven’t watched in ages for this reason, come back and it’s still the same.

[@junegrant2843]

Amazing job fab bathroom but the basin in the bathroom looks cheap just saying wish you both the best with future flips 😊

[@conradsmith7752]

Didn't explain how you pay no Stamp Duty and unless you live in the house for 2 years you will have to pay CGT unless that has changed in the past 5 years

[@charliewinfield5009]

Doesnt state that on hmrc. Theres no timescale at all. If you bought and renovated then sold after 6 months, you might have a new partner, you might want to travel the world or new job. The list is endless they cannot prove you didnt live there, it never states how long you have to live there.

[@okpandora]

Amazing, Where did you live whilst you were doing the house up?

[@dellaestatesltd437]

Just get a room ready first and a down stairs temporary shower room and eat out every night 😀

[@devlintube9610]

Amazing work guys you’ve inspired me thank you. Can I ask why you went with electric rads, they are new to me and wondered what the benefits are.

[@scottxgibson]

Wow, good work. I recently did a similar renovation in under a month on my channel

[@RAC345]

Why electric radiators? What are the benefits?

[@haydnbrewer7426]

There isn't any. they're so expensive to run even with solar panels

[@invictusmaneo464]

Tak výborný! Gratuluju... Nebo to pak můžete pronajmout bráchovi, až to opravíte 😂😂😂😂 Z toho zase udělá kulničku na dříví 😂😂😂😂😂😂

[@zaenqureshi5032]

say what you want but the housing and bathroom/washroom situations in england are crazy. lol like outhouses. or sharing bathrooms between households. or the two faucet sinks - one for hot one for cold.

[@iamjmedia]

very informative and educative to watch and its cover most beginners question

[@Lovemetalfabricationltd]

Nice project , and great finishing ❤

[@abrahamanthony5010]

Advice from a broke man to a broke man who is determined to be wealth,Marry or form relationships with intelligent women no need of us falling for beautiful women who have nothing to offer other than there looks and beauty.

[@GregNow]

7:08 🤣🤣🤣🤣🤣🤣🤣🤣 6 months (if you would allow for corect drying and curing, you wouldn't probably finish it in 10 months) 120k high end. Cash in hand job with with very average and cheep quality products hig end my a

[@charged3540]

Where in the Uk is this?

[@Superb_virg]

Well done to them! 🥳

[@WORLDLOCKS]

[@MrDarkusmarcus]

What training did they do?

[@dellaestatesltd437]

Hello, I’ve done all the training physically possible I think ~ Darren

[@ranat5526]

@17.42 I always like to stop and smell the Rose's!!

[@juljanasvetna49]

Amazing 👍

[@niki-mars955]

I got my notepad and pen! 👌🏾

[@rrain3375]

From Canada people do flip properties. It is harder to realize the the profit that you have with this Reno.

[@RyanIsShort]

Who financed the refurb?

[@Darkangel-hy8ev]

£415kK for a house with a very small lounge, and no downstairs loo, and no en-suite upstairs, seriously? I don't think so, not worth it! I am in the UK, but will be moving to Canada in a few years time, and in the Alberto area probably, and you get so much more house for the same equivalent there, way better designed houses, much bigger, and all with en-suites, some having 2 en-suites, and you get that size lounge space upstairs on the landing area as an extra room usually, not forgetting a laundry room, mud room, office space, walk in closets in bedrooms, master en-suite has bath and separate shower, and some even have finished basements with 3 extra rooms, and i am talking of new builds of course, the difference is unbelievable, but that's the UK for ya!! No thanks!

[@brandym9362]

It’s just down to where you want to live isn’t it? If you want to live in the UK, where the population is over 60 million and space is scarce, then you need to pay up. You can buy the type of houses you describe up in the north (especially Scotland) so again it’s all about how each area and country is priced up and all down to availability and location. You’re not comparing apples with apples!

[@Darkangel-hy8ev]

@@brandym9362 I get what you are saying to an extent, however i have lived in the UK all my life, i was born here, and i have always lived in the same town Worcester, lovely place, well it was in the 80s, and now just is overcrowded, and i am talking about houses in my area obviously! Also i do not like the climate here anymore, our summers have got hotter, and we hardly have a winter, and i am very hot blooded, and hate the summer, and any hot weather, but love the Autumn and the Winter, love the snow, we never get any! So Canada was an ideal choice for us, and is way more beautiful than the UK anyway in my opinion! So with the sale of my house, and my Mum's when the time comes ( she is 92 ) and savings she has kept for me, i should be able to have a very good life and very nice house in a place i love way more suitable for me, that i could never have here! I guess that's why i was doing the apples for apples comparison lol

[@Darkangel-hy8ev]

@Not Me You really shouldn't make presumptions about people you stupid prick!! I will however show my Wonderful Mum this when i see her, she may want to reply to you, as still fantastic and fit and sound of mind at 92!! Firstly i work you imbecile, and i was adopted at 8 days old, all they ever wanted was one child, a little girl, so they could give everything to her in the future! They run a fish and chip shop before i was born for 25 years, and both always worked very hard, and saved very hard, never spent much on themselves, just not who they are, but had what they wanted in life! Everything they did was always for me, it is just how they were, lived in an average 3 bed detached house, and you would not have known they had any savings especially, but when i passed my test at 21 My Dad got me a new car, i used the car for 14 years, then they purchased me another one, and when i was ready to leave home, they bought me a house, which may some madness to some people but they had that money behind them, from years of hard work and saving, and of course they would do that for me, as they would never want me having a mortgage! So i already have a home, and yes when my Mum passes i will obviously have her's and the savings she has got for me! She tells me all the time it is my money, is is how Dad wanted it ( i lost my Dad over 20 years ago ) she is paying for me to have dental implants in couple of months time, after suffering all my life, as the time has come, and she says it is your money anyway!! I very rarely ask Mum for stuff, but she always asks me, as she is getting on, and she has already said i could go to Canada now if i wanted to, just sell my house, and take the savings, and trust me there is enough, but i do not want to leave my Mum, and i never would leave my Mum here on her own at this age, i could not live with it!! I have condensed this down very briefly, but clearly you know f....k all about myself and my family, so i suggest you keep your vile mouth shut before you decide to judge someone you know f...k all about!!!!!

[@Darkangel-hy8ev]

@Not Me I'm not the one complaining here! It seems you are the only one whinging about someone else's life! You have no idea what i have done, i have always been My Mum and Dad's world, all they ever wanted, a concept that seems to really bother you!! Jealousy is a really ugly thing, direct somewhere else!!

[@Tina-ng9up]

@@Darkangel-hy8ev did you say your summers got hotter and you barely got winter?? I'm packing and leaving London now and moving to Worcester

[@qfx125]

I wish could do with learning how to flip houses starting with no money cause I’m over drawn by £7.50 and only get £1100.00 a month but with all bills going up future isn’t looking good if I’m here another year I’ll eat my hat

[@liamsxa]

tell you right now you've no chance with that income, you'd make 1000 a week delivery food. find a second job and save save save

[@Tina-ng9up]

@@liamsxa a 1000 a week delivering food?bike?scooter? Uber? How- Please tell me more

[@abyss1997]

@@Tina-ng9up scooter would be the quickest but i think 500 a week is more realistic unless you are in a big city and deliver 16 hours a day

[@iammaster5556]

I would like to know more about the Investor?

[@Ghost1face]

How long would they have to live there for after the refurb in theory to avoid the capital gains then ( shortest time)

[@dellaestatesltd437]

6 months legally as per gov guidelines, I cannot stress enough, always go with the gov guidelines ✌🏼

[@gs0783wol]

6 months? Would you be able to tell me where you saw this information please? I was told it was 2 or 3 years.

[@mrboateng_]

Hi Samuel get yourself back in the gym again and hire a personal trainer. You're a very discipline person already let your body also reflect that. Much love

[@Tubz40]

you're weird man...

[@squidlings]

Ha, you just called him a fat bastard 🤣🙈

[@miriamowusu6778]

That’s a power team right there! So inspirational and they have great energy! Seem very sweet and genuine!

[@captainross4706]

Please buy his courses. At first I was loosing money buying property. But as soon as I bought his course I bought a rundown £90,000 property in London, and flipped it for £750,000 after 3 weeks.

[@derekporter66]

HAHAHAHAH

[@DJRustla]

I drove past that house for years wishing i could do it up, what a great result!

[@the_first_step1536]

samuel,your belly is becoming too big,i thought that you are pregnent for a minute

[@robsweatherchannel]

HOW CAN YOU USE INVESTORS MONEY THE STEP BY STEP. THANKS ROB

[@Lazyexeofficial]

I need to find INVESTORS! I can refurb houses on my own I know A LOT OF STUFF, we can split a profit!!! :D

[@illeitog1453]

who buys a house at this location for 415.000 ??? thats doesnt make sense

[@harvster2]

The "academy" they mention where they completed their training, what specific course/academy was this? Be interesting to know!

[@egold33311]

These 2 are lucky they already have the connections to get such deals

[@dellaestatesltd437]

We had to do our first 3 projects ourselves, then when people saw what we were doing investors started to approach us!

[@willhutchinson2977]

Not about luck it’s about getting out there and building relationships with people it’s takes effort not luck

[@gamingwithcyt3925]

I suppose that comes with experience in a certain field. The more time you spend in that field, the more connections you’d make. (How lawyers know police chiefs, other types of lawyers, judges, etc)

[@scottfield4889]

First time viewer... does he ever let them finish the answer before interrupting & asking another one ffs

[@IacchusPiper]

Nice project

[@jordanhtiffirg1990]

How long do you need to live in the property in order for you to pay £0 capital gains tax

[@guesswho6625]

It can be 1 month , 2 months, 3 months….. you just have to prove that you lived there with something like bank statement, utility bill etc.

[@jordanhtiffirg1990]

@GuessWho ! bro I wish I knew this back then I thought I had to wait 6 months waste of time and money

[@jacktheaussie69420]

the last house i lived in was a massive flip.. my parents bought for 330k for sold for 700k

[@a.f.r.o.o1782]

Christ😭

[@tashriq4law]

wow

[@The_Unintelligent_Speculator]

Imagine you hold for another 20 years. Power of property. I own a few ex council houses and now in a position to turn them into beauties like this. This is stunning without the hefty mortgage bill.

[@danieldevine]

imagine they ban having multiple properties until everyone is housed...

[@gioele9362]

In Italy it's not like that... unlike other countries the value of houses has dropped in recent years, also due to an increasing property tax. You have to pay thousands every year, just because you own a house, even if it is empty and does not generate any income. If you rent it, and the tenant doesn't pay you, they are protected by the law, and usually they are allowed to stay in your house for free for 1 year or more, and you have to pay a layer for the eviction. And you have to pay taxes on the rent you didn't get. The average salary in Italy is 1200/1300 euros, so you can't ask much money for the rent, or your house will remain empty. In Italy there is an immense amount of little towns with basically no inhabitants, and the houses there are virtually impossibile to sell, because no one wants them. It's not uncommon to find people with an humble salary desperate because they inherited an old house from their grandparents, that has no value at all, exept for taxes.

[@thomas.parnell7365]

​​@@danieldevine nice plan but what are you going to offer government backed mortgages to buy said property's?.very poorly considered plan.

[@thomas.parnell7365]

​@@gioele9362 wasn't Italy basically offering massive incentives to basically populate the areas.

[@gioele9362]

@@thomas.parnell7365 No, I'm not aware of that. Therefore, our population is decreasing and is getting older and older... There are some incentives for helping in renovation, but they are ending, because the government can no longer sustain them... the State has too much debt. And obviously, after a renovation the value of your house increases, wich means more taxes in the future

[@MatthewD999]

So they're admitting that they just slapped on £115,000 on top of the renovation cost and purchase price? What Rip Off Merchants.

[@SamuelLeeds]

It’s called business 😉

[@MatthewD999]

@@SamuelLeeds Greedy psychopaths have labelled it "business" -- its called extortion.

[@Tai-Beats]

@@MatthewD999 no its just called business

[@MatthewD999]

​@@Tai-Beats Lol, you aint gonna deceive me. No It IS ripping people off.

[@Tai-Beats]

@@MatthewD999 and people fall for this making them profits which is business

[@hingwong1187]

Before paying for any get rich quick course , think... All these property/investment gurus... if they are doing so well, why are they teaching you the trade secrets to compete with them? Unless.. they are actually making money primarily from the courses . Doh!

[@localreviewking134]

I'm pretty sure you pay tax somewhere. this is the country of tax, unless you are Amazon. but a good video, i hope their next one is £200,000 and so on

[@MFG2738]

No you do not pay tax on your own residents. Literally it’s on hmrc website and this video is literally telling you. Yet your in denial and “pretty sure” you pay some where. NO YOU PAY ZERO TAX ON YOUR MAIN DWELLING.

[@reidtv7185]

Crazy how many people don’t understand the basics when it comes to tax

[@alexpote5936]

Its really awesome in the flip process with no tax, great income .

[@floatingpeaks4584]

I don't get their numbers - Loan 165k to buy the property Loan another 125 to refurb the property. So that's a Loan of 290k Sold for 415k So that's a total profit of 125k. But fees would have to be paid out of that for example estate agent. They must have had to pay the investor back 290 + interest. What was that? Short term mortgage deals have crazy interest rates. So how much did they make after paying back both loans, depending on how long the whole project took the interest would mount up on the loans. You have to live in the house 36 months before you pay no tax. The govt isn't silly. So the loan payments would be crazy after that on a short term loan. Also what ever they made will be divided by 2. The figures shown in this video are just a fallacy, only showing gross profit and not take home money. Scammers

[@johnpeters4268]

36 Months isn't correct, the rest is a fair one.

[@NoNonsenseJohnson]

Come on this is the internet. Turnover is vanity profit is sanity…. 🤣

[@floatingpeaks4584]

@NoNonsenseJohnson the only thing worth watching about that video is that bird

[@NoNonsenseJohnson]

@@floatingpeaks4584 🤣🤣🤣

[@sanakhwaja6177]

Exactly

[@John...44...]

Don't you pay capitL gains tax on anything over £12k(or £16k) per person named on the mortgage??? ( can't remember exact figures)

[@harryburroughs7898]

not if its your house.

[@John...44...]

@@harryburroughs7898 just read up on it. You do have to pay tax if you bought it with the sole intension of making profit. Even if it is your primary residence. This couple need to pay tax

[@harryburroughs7898]

@@John...44... NO THEY DONT. If its there primary residence you do NOT have to pay capital gains tax if you've lived in it.

[@John...44...]

@@harryburroughs7898 ah right, just because the government say you do... Well I don't know who to believe....

[@John...44...]

@@harryburroughs7898 from the government website: " You do not pay Capital Gains Tax when you sell (or ‘dispose of’) your home if all of the following apply: you have one home and you’ve lived in it as your main home for all the time you’ve owned it you have not let part of it out - this does not include having a lodger you have not used a part of your home exclusively for business purposes (using a room as a temporary or occasional office does not count as exclusive business use) the grounds, including all buildings, are less than 5,000 square metres (just over an acre) in total you did not buy it just to make a gain"

[@greetingsbox4229]

You don't want to be saying that you have done this several times as the Taxman will come and challenge that you are running it as a business rather than as an intentional home. My accountant says you can avoid CGT if you do it in the sense of home improvements but the idea that you can buy an unlivable wreck one after the other and stay in it for a short time to avoid CGT could very well be challenged. Not the best advice! Samuel is renowned for his click bait titles but this one might bite you on the bum. The term 'flipped' is referring to buying to do up with the intention to sell. If this is your intention then you technically should be paying CGT!

[@jordanhtiffirg1990]

I've spoken to an accountant and it states that if its bought in your personal name with a residential mortgage and you live in it for however long then you pay £0 CGT

[@greetingsbox4229]

@@jordanhtiffirg1990 Yes that sounds right. Was this bought with investor funds?

[@NoNonsenseJohnson]

@@jordanhtiffirg1990you need to get a new accountant mate. He will end up leaving you bankrupt.

[@BossladyD]

How was the investors profit included in the £125.000 refurb

[@dellaestatesltd437]

£25k interest ✌🏼 £100k refurb

[@AbdulAziz-nb3iw]

This guy has been exposed - I can't believe there's still people following him. It is precisely why some people will always get bumped.

[@jonathantennantphotography2869]

Who's been exposed and for what and why are you following him ......

[@sderrick1]

@@jonathantennantphotography2869 he's been exposed as a con man selling courses about how to get rich from property (why don't you just follow your own advice Samuel and make millions? Because I can make more money from selling courses)

[@sawempire4997]

Thats because this fat belly talks shit. Honestly if people stopped following him he would have no money. That's the only facts here. He needs to invest in shrinking that head and belly.

[@hearmenow909]

What's been exposed is people go on his courses that don't have the talent to be successful and then complain about it afterwards. What you do after the course on you, not Sam. The people in this video are testament to the value of his courses. Take a good look in the mirror pal.

[@cortezforever]

@@hearmenow909 I have never been to his courses, but even from watching his videos I figured out how to secure two properties and get loan offers. I would join his course if I could get access to investors etc, that would be worth it to me. There are risks and people must do there own due diligence especially in the current market.

[@whalehunter3214]

Great refurb! Next time make the bifolds open toward corner where there's dead space, better flow.

[@Stettafire]

Bifolds are just awful.

[@dellaestatesltd437]

Oh there was big arguments with the glazier about that! We actually sacked him half way through because he was SH*TE

[@African_Rose]

10 cars on the drive....white audi and ranges? Who bought it Mr Patel?

[@kemmy011]

Hi Sam, I am so happy to come across your channel. I am looking into getting into property investing to generate some passive income. I live in London. My brother bought a property in one of the outside London counties some years ago. The property later got repossessed because he could not get tenants to rent the property. Due to this experience I am focusing on getting a property in London and Kent which is really difficult to get mortgage due to the high prices of the property. Please could suggest areas where one can easily gets tenants or areas someone can get run down properties than can be flipped. Thanks for help in advance.

[@eddy_creative]

I'm new to all this, to clarify, how much did the investors make?

[@sanakhwaja6177]

Me too

[@johnb143]

Lovely bay windows

[@akarees80]

How much did the extension cost?

[@rovisini]

500 offers wow he wasnt selling tha easy. lovely story

[@greggreg7400]

couples goals

[@korylp6219]

Damn huge transformation! I always dislike islands like that because they’re totally useless unless they’re larger. Would’ve liked to see a microwave cutout in the kitchen cabinetry. Looks like Sam has put on some weight (no offence!) too. Stay healthy! We need your advice and wisdom!!!

[@Askhsj]

God made u for this my friend as he knew u would choose this path in life. The hereafter is for the righteous

[@seychelles44]

So how long did they live there to avoid paying Capital gains tax and claim as Principal Private Residence?

[@Ashleycb97]

They said in the video mate, looks like 6 months for refurb but lived in for 10 months.

[@tommyram9839]

But how much does the investor want?

[@pymt]

Imagine the seller or an investor listening to the conversation from 12mins in. Guilt tripped the guy, sold a sob story then admit at 13mins they intended it to be a HMO.

[@FeelingIsHealing]

Yeah, pretty shameless honestly lol

[@pymt]

⁠​⁠Totally! Fair play to yourself for noticing that too, says a lot about you mate. Imagine being like that, feel sorry for them. Their story to the world is “we stitch up seniors for a fast buck”.

[@puppets.and.muppets]

i want to make over £100,000 profit in less than a year. where do i sign ? im stupid.

[@simonebell928]

New subscriber here and loving the videos, might sound a bit extra, but I’m learning from this content to help my son get on the property ladder, he’s 18 months old, but it’s never to early to prepare, keep inspiring Samuel 👍😊

[@jirikosek6383]

Sounds great.

[@Audorin]

Simone Bell, do some research on Samuel Leeds. That is all I can say.

[@ThatCarGuy1983]

Property in Ghana is cheap look into that