Hi there
I am looking to sell my rental property. It was my PPR from 2007 to 2013. I paid 381 for it in 2007 and will probably sell it for around 325k. I have it rented with an EA since 2013 and all above board, tax return every year, registered with the prtb. I will be giving the tenants the required 140 days notice (plus a bit extra). Will I be liable for cgt or have any big financial surprises when coming to sell?
Any advice appreciated.
Thanks
I am looking to sell my rental property. It was my PPR from 2007 to 2013. I paid 381 for it in 2007 and will probably sell it for around 325k. I have it rented with an EA since 2013 and all above board, tax return every year, registered with the prtb. I will be giving the tenants the required 140 days notice (plus a bit extra). Will I be liable for cgt or have any big financial surprises when coming to sell?
Any advice appreciated.
Thanks