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  • CGT - Buy To Let Renter Defaults - 30k losses vs CGT taxes

    Hi - I purchased a BTL house (10 year old house) in August 2014 - tenant paid all along for 30 months then just stopped paying - eventually after legal proceedings evicted but due to lawyer errors and Covid court delay it took 30 months - error of submissions etc - nightmare! I have now been awarded £280 / month to be paid direct from employer - but debt is over 30k so long haul - Legal costs @ 8k. I have now sold the property - July 2023 and will face C.G.T. as value in 9 years has increased - can any of these losses be offset? The property required renovation after eviction to the tune of 7,5k - thanks - cannot see any threads on this in the community.