Chris Thorpe outlines the taxes involved with buying, holding and selling real property.
Whilst cars, boats and horses are expensive to buy and keep, often those are tax-free upon sale, whereas land and buildings (or ‘real property’) are taxed at every turn.
Buying a property
When purchasing real property, the most infamous tax is stamp duty land tax (SDLT; in England and Northern Ireland) – a relatively new tax, introduced in its current form in 2003, 
