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Ask the Tutor ACCA TX-UK

section 2 of ch 3 - property loss

YYan3y ago
I would like to clarify if property loss come from property A can offset the property income from property B? or the loss can be offset in same property? thank you
JJill3y ago#1
if property A made a loss in this year then you must off set it against other property income in the current year before you carry the loss forward to next year
YYan3y ago#2
thank you
JJill3y ago#3
no worries
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