Sale of a second home or investment property

Sale of a second home or investment property – Reporting the gain and paying the tax

Unlike a gain on the sale of the main residence, which qualifies for private residence relief (as long as the associated conditions are met), any gain that arises on the sale of a second home or an investment property (such as a buy-to-let property) will be liable to capital gains tax. Since 6 April 2020, …

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