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Posted Sat, 19 Oct 2024 21:05:47 GMT by Neveragain
Hello I am in the process of selling a buy to let. I will be making a loss of £2000, I will also be paying approximately £2000 in estate agent fees and conveyancing fees. Can I carry over this loss to my self assesment for the rental income for the year and my job income to reduce my tax bill? Thank you
Posted Mon, 28 Oct 2024 13:11:16 GMT by HMRC Admin 18 Response
Hi,

No, these fees are solely in relation to the selling of the property and will be reflected in the capital gain/loss that can then be used against future gains only.

Thank you.
 

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