CGT gains & losses for 4 properties in 23-24 year

I am selling 4 formerly tenanted BTL properties in this tax year. Two sales will be at a loss and two at a gain. The sequence is: Property 1 Loss Property 2 Gain Property 3 Loss Property 4 Gain The total losses will be greater than the total gains so overall there will no cgt to pay for 23-24 .However when I complete on sale of Property 2 ,I will have made a ( temporary) gain, allowing for loss from sale of Property 1 . However the subsequent completion on sale of Property 3 will incur a loss greater than the gain on the sale of Property 2 and on the subsequent sale of Property 4 so that overall there is no gain and consequently no overall cgt liability for 23-24. The sales are within 2 months of each other. Query: Do I need to submit an online return and pay cgt following sale of Property 2 even though the subsequent sale of Property 3 ( loss) will wipe out any temporary 23-24 gain?

Hi,

As you need to report and pay the gain within 60 days, yes, you will still need to report.

Property 1, you do not need to as this is a loss,  

Property 2, you need to report this and there is a section that you can then claim any in year loss to reduce any tax due.

You then do the same for properties 3 and 4.

Thank you.