{"id":140740,"date":"2023-12-18T14:00:49","date_gmt":"2023-12-18T07:00:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-plan-to-sell-my-rented-out-property-to-buy-a-dream-home-will-i-have-to-pay-capital-gains-tax\/"},"modified":"2023-12-18T14:19:40","modified_gmt":"2023-12-18T07:19:40","slug":"i-plan-to-sell-my-rented-out-property-to-buy-a-dream-home-will-i-have-to-pay-capital-gains-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-plan-to-sell-my-rented-out-property-to-buy-a-dream-home-will-i-have-to-pay-capital-gains-tax\/","title":{"rendered":"I plan to sell my rented-out property to buy a dream home. Will I have to pay capital gains tax?"},"content":{"rendered":"


\nI lived in the \u00a3330,000 house before moving in with my partner but may accept \u00a3310,000 for quick saleQ I am in the process of selling a property to buy another and I am a bit confused about whether capital gains tax (CGT) will apply, so I was hoping you could maybe help clarify this.Here\u2019s the situation: I bought my first and only house in July 2021 for \u00a3280,000 in cash. Continue reading…
\n
\nSource : theguardian.com
\nRead more…I plan to sell my rented-out property to buy a dream home. Will I have to pay capital gains tax?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I lived in the \u00a3330,000 house before moving in with my partner but may accept...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-140740","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AC0","jetpack-related-posts":[{"id":177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-to-sell-a-flat-thats-rented-out-how-much-capital-gains-tax-will-i-pay\/","url_meta":{"origin":140740,"position":0},"title":"I have to sell a flat that's rented out \u2013 how much capital gains tax will I pay?","date":"November 19, 2015","format":false,"excerpt":"\r I am wondering if I would avoid the tax if I moved back into the flat and made it my main home until it sold Q I bought my flat for \u00a344,000 in February 1997 and lived there alone until February 2011. My girlfriend and I then bought and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-capital-gains-tax-liable-on-an-inherited-property\/","url_meta":{"origin":140740,"position":1},"title":"Is capital gains tax liable on an inherited property?","date":"October 30, 2017","format":false,"excerpt":"\r For 15 years I\u2019ve never really lived in the property, and now I plan on selling itQ I retired 10 years ago and split my time between my holiday home in the Algarve for six months of the year and travelling in my motor home. I do not have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-be-taxed-if-i-sell-my-house-which-i-rented-out-and-buy-a-new-one-to-live-in\/","url_meta":{"origin":140740,"position":2},"title":"Will I be taxed if I sell my house, which I rented out, and buy a new one to live in?","date":"June 22, 2017","format":false,"excerpt":"\r I lived in it with my late wife before letting it, and want to sell. Where do I stand regarding stamp duty and capital gains tax? Q Could you please help? In 1984, I purchased a house and lived there with my late wife until August 2015. I then\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-confused-about-renting-and-changes-to-capital-gains-tax\/","url_meta":{"origin":140740,"position":3},"title":"I'm confused about renting and changes to capital gains tax","date":"April 29, 2019","format":false,"excerpt":"\r I\u2019m not sure whether now would be a good time to sell the house I\u2019ve been renting outQ I\u2019m confused about the proposed changes in the capital gains tax system for people selling their home when it has been rented out. I\u2019m unsure if it would be wise for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-landlords-rush-to-sell-amid-fears-of-capital-gains-tax-rise-in-budget\/","url_meta":{"origin":140740,"position":4},"title":"UK landlords rush to sell amid fears of capital gains tax rise in budget","date":"October 16, 2024","format":false,"excerpt":"\r Rightmove says record 18% of homes for sale in September had previously been rented outLandlords in the UK appear to be selling up in record numbers, according to property website Rightmove, possibly driven by fears of a rise in capital gains tax (CGT) in this month\u2019s budget.Figures from the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ex-rental-property-will-incur-capital-gains-tax-when-sold\/","url_meta":{"origin":140740,"position":5},"title":"Ex-rental property will incur capital gains tax when sold","date":"September 23, 2013","format":false,"excerpt":"\r A couple plan to move into a home they have owned but rented out for 25 yearsMy husband is looking to sell our family house and we will move into a property that I own, which I have been renting out for 25 years. How long must we live\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140740"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=140740"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140740\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}