W
wonky
Guest
If I moved out of my ppr in August 2007, and it was then rented out, if I decided to sell would I be liable for CGT.
I have seen in another thread that the only "exemption" available is for the final 12 months of ownership, where a property can be considered as a PPR even if it is an investment property.
So if i decide to sell it now (less than 12 months) but it doesn't get sold for a few months (more than 12 months) am I liable for CGT?
If so, what would it be? i.e. would it be from the time after the 12 months to when it was sold?
I have seen in another thread that the only "exemption" available is for the final 12 months of ownership, where a property can be considered as a PPR even if it is an investment property.
So if i decide to sell it now (less than 12 months) but it doesn't get sold for a few months (more than 12 months) am I liable for CGT?
If so, what would it be? i.e. would it be from the time after the 12 months to when it was sold?