JoannaRose
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capital gain loss and high stamp duty refund
Hi, I purchased a flat at £300,000 in 2019 and rented it out. In June 2022, I rented my own house out and moved into the flat. I claimed the flat as my main house. And in December 2022, I purchased a new property and moved in as my main house. The flat has been rented out since then again. Now I sold the flat, and have two questions as followed. 1. Can I apply high stamp duty refund for my new house as I sold the previous main house (the flat) within 3 years? 2. The flat sold price is £280,000 which means I have £20,000 capital loss on it, can I apply capital loss on it as well? Or it has been treated as previous main has and no capital loss could be applied? Thank you.
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