Hi All,
In the future (looking at 10-15yr time frame) i'd be looking at selling my residential properties and living on the dividends/distributions from share holdings.
Could someone provide advice as to minimize tax paid on the profits from selling the residential properties? Should them within different financial years?
Should i sell the one with the highest CGT implications and then prepay some interest for the next financial year?
Any advice greatly appreciated.
Regards,
RH
In the future (looking at 10-15yr time frame) i'd be looking at selling my residential properties and living on the dividends/distributions from share holdings.
Could someone provide advice as to minimize tax paid on the profits from selling the residential properties? Should them within different financial years?
Should i sell the one with the highest CGT implications and then prepay some interest for the next financial year?
Any advice greatly appreciated.
Regards,
RH