JacM wrote:
How long were you absent from the property you are proposing to sell? If less than 6 years, might be worth kicking the tenants out, and moving back in for a short while so that when you sell, the profits are exempt from CGT (capital gains tax)….
Yes I have consulted with my accountant and the house would be CGT exempt because we would only have been out of the house for 3 years and I understand that you can have up to 6 years before you cop CGT
