Hi
If I sell 2 properties- Property A at a loss and Property B at a profit must I sell Property A Before property B ( chronologically) in order to reduce capital gains tax on B or as long as both sold in same tax year it's irrelevant which is sold first??
NBC
PS- Also- I am a UK tax resident but Ive been told I must pay the capital gains tax Irish rate( which is higher than uk)- does this sound correct?
Cheers
nbc
If I sell 2 properties- Property A at a loss and Property B at a profit must I sell Property A Before property B ( chronologically) in order to reduce capital gains tax on B or as long as both sold in same tax year it's irrelevant which is sold first??
NBC
PS- Also- I am a UK tax resident but Ive been told I must pay the capital gains tax Irish rate( which is higher than uk)- does this sound correct?
Cheers
nbc