T tedmundo Registered User Messages 10 6 Dec 2019 #1 Hi If I make a capital loss when selling my Principle Private Residence can I carry forward the capital loss into future years to offset again future captial gains or is the loss exempt as its a PPR property? Thanks in advance
Hi If I make a capital loss when selling my Principle Private Residence can I carry forward the capital loss into future years to offset again future captial gains or is the loss exempt as its a PPR property? Thanks in advance
R rob oyle Registered User Messages 714 6 Dec 2019 #2 In short, no. CGT is not applicable to gains or losses on PPRs. Last edited by a moderator: 6 Dec 2019
D dublin67 Registered User Messages 389 11 Dec 2019 #3 totally agree with Mr Oyle. Only exception I can see is where the house wasn't your PPR for a period of time (excluding last 12 months)
totally agree with Mr Oyle. Only exception I can see is where the house wasn't your PPR for a period of time (excluding last 12 months)