Old Jul 8, 2008 | 08:49 PM
  #9  
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Turbosystems
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Originally Posted by Royal S1
A capital gain can arise if you gift a property away, it doesn't need to be a sale whereby you receive the money. The best thing to do is talk to an accountant, trust me, I'm a chartered accountant !

Jeff
i doubt he is thinking of gifting it away lol
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