Capital losses carried forward on Spanish property?Make Text Bigger
I’ve recently sold my holiday home in Spain and realised a loss of about £100,000. If I sold one of my let properties in the UK, is it possible to off set the loss against the gain?
If yes, must the loss and gain be in same tax year? Or can the loss from Spain be carried forward to another year when I sell a UK let property?
Any comments this would be much appreciated.
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