Selling an heirloom? Watch out for the tax bill

AP Photo/Jim Cole

Desperate times call for desperate measures and as more of us than ever feel the squeeze, we're turning to alternative ways to make extra cash.

Selling heirlooms that people would otherwise have kept is becoming increasingly popular; fuelled in part by a growing interest in shows like 'Antiques Roadshow'. But there's a warning to those who sell 'assets from the attic'; they could be in for a nasty tax bill.