New Homeowner: Investing in Second Property - Tax Implications, Benefits, and Pitfalls

is capital gain tax rebate(property) gets reduced or affected if new property bought has two owners (one who had a property earlier and second having purchased property for first time)? does capital gain rebate get diminised or distributed between new owners in percentage of ownership?

Hi Sir, I am buying and making full payment for a New Residential Property in Feb 2024 Costing Rs.1.5 Cr. Also, I will be selling one of my old properties for Rs.1.1 Cr. in March or April 2024. This was purchased in 2009 for Rs.36 Lakhs, Capital gains is of Rs.38 Lakhs after indexation. PS. I own 4 Residential Properties as on date. My query is, if I make the payments for my new property from my Savings, prior to selling and receiving the payment of my old property, what is the Tax implications for the Capital gains. Secondly, I have also sold my Mutual Fund with long term capital gains of 12 Lakhs, can I claim tax exemption if I invest in the new Property. Looking forward to your valuable advise. Thanks Ramesh

Hello Sir, could you please help me understand? If I sell a property, can I split the money and invest in more than one property within 3 years of the sale and avoid paying tax?