B boltownes Registered User Messages 58 9 Jan 2016 #1 My wife and I both have own own houses. My wife is selling her house and will make a capital loss on it. Can we use her loss to offset gains I've made on selling shares? Advice appreciated.
My wife and I both have own own houses. My wife is selling her house and will make a capital loss on it. Can we use her loss to offset gains I've made on selling shares? Advice appreciated.
J Joe_90 Registered User Messages 2,222 9 Jan 2016 #2 Was it ever her PPR? If so that portion is not allowed to compute her loss. If she has a loss it can be set against your gain. http://www.revenue.ie/en/about/foi/...ains-tax-corporation-tax/part-44/44-02-01.pdf
Was it ever her PPR? If so that portion is not allowed to compute her loss. If she has a loss it can be set against your gain. http://www.revenue.ie/en/about/foi/...ains-tax-corporation-tax/part-44/44-02-01.pdf
B boltownes Registered User Messages 58 9 Jan 2016 #3 Yes it was. Thank you very much for quick response. Will read the link.