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Hi Terry, I am in similar boat as OP. So, if you sell some of them after completion, you only occur income tax for these? What about the one you decide to keep? Let's say you rent it out for xx period of time, would you incur CGT later on? Can you please elaborate on this? Thanks

I thought so PB, :o I am fairly certain that OP would have had this finance side of things sorted prior to this detailed post

This has an effect on tax and CGT?