help worried about capital gains tax on selling
Tax Planning and Financial

debra_199

0 Thanks

3 Posts

13 years ago

hi there, need some advice whether I'm going to have to pay capital gains or not if I sell this year. have a house which I lived in for approx 4 years when I first purchased it and how now been tenanted since sept 2006.

current value around 180k and amount outstanding on mortgage about 6ok so stand to make about 120K if I sell. trying to decide what to do and whether to sell now or not. If I will be affected by capital gains may decide to do something else. very confused about whole issue of capital gains keep getting different opinions. if someone understands current situation re CGT would be great to hear what you have to say.
thanks debra

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.

Join Today

Have you forgotten your password?

help worried about capital gains tax on sellingTax Planning and Financial

Please Login

help worried about capital gains tax on selling
Tax Planning and Financial