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Two flats into one house?!
flycoops
Posts: 2 Newbie
Hi. I'm purchasing the upstairs flat of a two flat victorian house after owning the bottom flat for some time. My plan is to convert it back into one house at some point in the future (2-4 year plan). My question is: do I have to pay Capital Gains Tax when converting two properties into one since I'm not actually going to be selling the second one? Thanks very much for any replies.
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