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Sold Rental Property - Last Form 11 and tax queries

Eddie2008 · 2017-09-07 10:05:29

Like many I sold my investment property. The last tenancy ended December 2016, so I am very relieved to be doing my last return on it. That said, is there anything I should be aware of while doing my last return. I understand that some expenses go into a blackhole, for example, the numerous repairs after the last tenancy…

07-09-2017 10:05am

#1

Eddie2008

Registered Users, Registered Users 2 Posts: 49 ✭

Join Date: February 2012

Posts: 42

Like many I sold my investment property. The last tenancy ended December 2016, so I am very relieved to be doing my last return on it. That said, is there anything I should be aware of while doing my last return.

I understand that some expenses go into a blackhole, for example, the numerous repairs after the last tenancy cannot be claimed.

The Capital Allowances has confused me. The property was rented for 5 years, can I claim the final 3 years in my last return? Or can I claim the balance on any of the items that were damaged and had to be disposed of?

I have worked out the CGT based on the fact it was my PPR and has been verified by Revenue.

Is there anything else I need to know?...

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