Hi All, I read in the Portfolio Secrets info that buying a property to spruce up and sell on generally does not incur CGT. I can't seem to be able to confirm this via any other source, in fact to the contrary from most people. Is this the case or can CGT on a 6 month development be avoided in any way? The context is the property would be bought jointly by me and my wife, not part of a company etc. Thanks for any pointers/experience...

I posted this elsewhere and got some replies...