Hi there,
I currently have a company set up in conjunction with my brother, but it does very little trading. In order to improve the company’s balance sheet, I was considering using my building skills to renovate properties. I am aware of the CGT problems etc, but if our intention is not to buy and hold but to turnover x number of properties per year, would the profits then be classified as income rather than capital gain? If anyone has some experience or advice, it would be most appreciated. I don’t want to head down the wrong path. Thanks.

Jon