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Hello my name is ***** ***** I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply as this is not an ‘on demand’ live service, but rest assured I will be giving your question my immediate attention upon return. There is no need to wait here, you will get an email when I reply.
Once you sell then that is a capital gain
Any money you spend on the structure would be only be offset once the properties are sold
But once you sell a gain is made and that is when tax is due
I am sorry if this is not the answer you are after and certainly not the one I want to give you but I have a duty to be honest
Can I clarify anything for you about this today please?
Thank you for your prompt reply. As you say it was not the answer I had hoped for, but it was what I had suspected it would be.