Chupacabra
Registered User
- Messages
- 22
Good day all
i have purchased my 3 bedroom semi-detached house in 2004. Between 2004-2008 the house was my principal residence in 2008 we moved in my wife's house till 2017 and my house was fully rented. March 2017 we separated and i returned back to my property and started to rent 2 rooms. I have now decided to sell my property and purchase a smaller one, but unsure how calculate CGT. Hs was purchased for 275K and selling at 410K. In short half the time was fully rented and half the time was principal residence. Cheers
i have purchased my 3 bedroom semi-detached house in 2004. Between 2004-2008 the house was my principal residence in 2008 we moved in my wife's house till 2017 and my house was fully rented. March 2017 we separated and i returned back to my property and started to rent 2 rooms. I have now decided to sell my property and purchase a smaller one, but unsure how calculate CGT. Hs was purchased for 275K and selling at 410K. In short half the time was fully rented and half the time was principal residence. Cheers