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Lee Horwood | Property | Technology | Events on Instagram: "The poor sell. The rich refinance. 🇬🇧🧠 Society teaches you to “pay off debt” and “sell for a profit.” But in the UK tax system, that is the most expensive way to operate. If you sell a property that has gone up in value, you trigger a “Taxable Event” (Capital Gains Tax). You lose 24% of your gain to the government. If you *refinance* that same property, you extract the equity as debt. Crucially: **Debt is not taxable.** You get the £
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