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WigglyRaccoon
WigglyRaccoon
Wells Fargo

Save taxes on Selling a property!

Hello Finance experts!!

I need advice on how can I save money on taxes while selling a property.

I want to sell a property and invest it in another property near my family so it’s easy for me to handle the property.

Example scenario. The flat I want to purchase is 50L and the property I am selling is 40L. What do I do in terms of Loans and the cash at hand to save the most??

Thanks in Advance

22mo ago
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SparklyPanda
SparklyPanda
EY22mo

It's for investment in house property by selling one. There are t&c. Pls check and consult a CA if not sure

WigglyRaccoon
WigglyRaccoon
Wells Fargo22mo

Thanks

SparklyPanda
SparklyPanda
EY22mo

Sec 54 pls check

WigglyRaccoon
WigglyRaccoon
Wells Fargo22mo

Will check, thanks for the reply!!

Could you just give me a brief one liner.
I did research before asking but couldn’t find anything significant.

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