selling UK property

loyalroyal

Hi there,

I would really appreciate some advice on the following:

I bought a flat in london in 2006, lived in it for 2 yrs then returned to Ireland. I have rented it out since but now i'd like to sell it. My estate agent reckons there could be a healthy profit to be made given the bouyant London market at present.
How do i go about selling it and minimizing (avoiding) tax on this sale? Secondly how do i get the profits back to Ireland without having to pay anything to Irish revenue?

Any help really appreciated.

Alan Shore

loyalroyal wrote: »

Hi there,

I would really appreciate some advice on the following:
How do i go about selling it and minimizing (avoiding) tax on this sale?

Any help really appreciated.

You might get a couple of days as the MOD is on holidays but expect a ban for queries like this. Seek professional advice.

Diamond_25

seek advice from an Irish and UK tax advisor specific to your case, this is important.

MOD SNIP ON ADVICE- No Ban as it's Christmas.

Dont forget FX consdierations.

SEEK PROFESSIONAL ADVICE