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Tax implications of selling UK property

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Tax implications of selling UK property

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Old Jul 5th 2021, 11:50 am
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Default Tax implications of selling UK property

I’m planning to sell my half share in a UK house to the relative who inherited it with me 6 years ago. Seems like there will be lots of tax implications, in the UK and US, where I’m resident: capital gains tax in both, effect on Obamacare credits and estimated tax payments in US, etc, etc. Wondering whether to look for accountants in both UK and US, one in the US (or UK?) who can handle tax in both countries, or some other kind of advisor. Any tips would be much appreciated, as would names of accountants/advisors (preferably in California) worth considering. Thanks.
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