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nikki

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  1. We are interested in buying a renovation project as our second home. But if we decide that we want to sell when ever we want to do we have to pay the previous owners profit as well as capital gains tax which i understand is 15%.  I read an article that a lady bought a house kept it for about 18 months and then wanted to sell because she needed a bigger property.  I think the lady had to give the previous owners a percentage of her profit. Can any one help me with this. Thanks  
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