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- by Guindian
- Mon Aug 09, 2010 7:17 pm
- Forum: Community Lounge
- Topic: Capital Gains Tax on sale of Property
- Replies: -1
- Views: 61
Capital Gains Tax on sale of Property
Recently I sold a plot that was acquired way back in 2003. I am looking to avoid Capital Gains tax. For this I will invest the total sale proceeds into 1 house and a flat (2 properties). I was told by a friend that the sale proceeds of one property has to be invested into another only 1 property to ...
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