Hi All, Can I just apologise firstly if I have put this item in the wrong section, its my first post ever on a forum and also if I am waffling as I feel like I have 20 questions. We have a 5 bedroom Chambre D'Hote in France and we have been trading for about a year but have owned the property for 19 months. Due to circumstances beyond our control, we are having to sell our B&B & are extremely confused about how the best way to go about this would be, we are in no major rush to sell but we are putting the property on the market in the very near future. We have to keep trading the B&B until we sell as it is our income and we have lots of bookings for the rest of the year, however , we do not want to get stung financially by doing this as someone told us that we will end up paying a significant amount of taxes when we sell if we sell it as a going concern. How long would we have to be deregistered for (we are fully registered with siret number) so we do not have to pay out significant charges. We are happy to pay tax on the earnings we have made but dont understand why we should have to pay yet more charges as the only reason we will trade up till we sell is not so we can sell the property for more than we would sell it for if it was not a B&B. But obviously the property may sell quickly or may take some time so we cannot rely on this with no income coming in. Also would we have to be paying some form of capital gains tax on the property sale as we have owned for less than 2 years even though it is our only residence. Finally does anyone have any suggestions where the best place to advertise our property would be as we wish to do it as a private sale. I am sorry for the long winded message, but am just a bit confused. Thanks in advance
