dilemma sell rent

 i live in france but am organising the renovatoin of a small barn in
wales that my dad kindly gave me before he passed on.
its now nearing completion, and Im wondering whether i should think
about renting it out or sell it. apparently if i sell on completion
there will be no capital gains tax to pay/ according to the tax
office..if  i rent it it could be complicated from the tax point of
view as i live abroad.
the other thing i thought about doing was to sell it to release a bit
of capital and buy something else say 30k£ cheaper and rent that out
anyone any suggestions?

ps Im 95% finished but running out of energy, and finding the project
frustrating. i even thought about selling it as it is the other day
just to get on with the rest of my life!!!
chezruss

  chezruss wrote:

I would sell it and put the money in ingdirect.com savings.

   chezruss wrote:

I don't think there is any one universal right answer for all
situations.  If it were me, I would sell it strictly because of the tax
complications.  Questions to ask yourself to decide what's the best
answer for you:

1.    How do you feel about managing a property in another country?  How do
you feel about the paperwork involved with earning money in a foreign
country?
2.    How often will you be able to get there to inspect the property?
Alternatively, can you afford to hire a property manager you could trust
to supervise the property?
3.    How attached are you to the property?
4.    Is there a chance you might want to live there eventually?


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