Selling one of my properties

14/05/2019 06:44:48

I own 6 properties that I let.

If I sell one and re-invest all the sale receipts in a further property, is there a way I can defer payment of any CGT on the first sale until sale of the new property ?
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Re:Selling one of my properties

14/05/2019 10:57:58

Thanks for your question.

There are only very limited circumstances when relief can be claimed in this way on disposal of an asset and let property does not normally meet the criteria.

Further information can be found on our website under the following link:

Business Asset Roll-over Relief: HS290 Self Assessment helpsheet