Investors & landlords

Hi David,

 

Thanks for your reply. To clarify, how does this relate to other cases where the sell date or disposal date is e.g. on Dec 31st, but the settlement happens in the following year. Based on that situation, guidance there is always to use the actual sale date (In December), not when money is actually received (settled) for tax purposes. 

 

FYI: In my example, the actual sale date / stock price was from 2018, but the money was held in an indemnity account and could only be released after all lawsuits were settled to determine the remaining available money.

 

Thanks in advance for your reply.

 

Thanks,

Serge