Profit on shares & loss on foreign property

[cash_cow]

Hi,

Just wondering if I can offset a capital again on a shares against a capital loss on a foreign property. I plan to sell both this year.

thanks.

 

[Joe_90]

Are you resident in Ireland.

If so you can off set to loss against the gain.

 

[Brendan Burgess]

Yes, but make sure you sell the property and realise the loss before the end of the year.

Property transactions can drag on. If you make a profit on your shares this year, and the loss next year, you won't be able to carry it back against the profit.