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Selling mutliple buy to let properties

lozyjane jane
Posted Fri, 31 May 2024 12:46:39 GMT by lozyjane jane
What are the tax implications if I sell more than one of my buy to let properties in the same tax year?
HMRC Admin 25 Response
Posted Wed, 05 Jun 2024 09:11:26 GMT by HMRC Admin 25 Response
Hi lozyjane jane,
You will be liable to Capital Gains Tax on any profit made no matter how may you sell.
You can only claim the capital gains exemption of £3000 once
Tax when you sell property
Thank you. 

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