| Re: Property Loss [message #390753] |
Mi, 31 Mai 2006 11:30 |
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sks wrote:
> I bought a property with a view to development but I've had to sell it at a
> loss of 7K. Can I use that against my income tax bill at all ? Obviously my
> acccountant will sort it out when he does my self assessment but really I'm
> just curious so I can sleep a little better tonight :)
>
>
If it's your first one, then answer is definitely NO.
Irma
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