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#1 01-10-07 08:06:47

Trumper
Verified Member
From: South west
Registered: 11-07-05
Posts: 251

capital gains

Selling house at mo. Owned home for about 6 years. Been living with wife for the last 18 months in her house, so been renting mine out.

Will I have to pay capital gains on house?
My thinking is that I won't, because I am within the 2 years window

Anyone got any ideas?


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01-10-07 08:06:47

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Re: capital gains




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#2 01-10-07 13:44:34

kaf
Verified Member
From: Wiltshire
Registered: 05-08-07
Posts: 3,324
Website

Re: capital gains

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#3 01-10-07 20:40:15

peckerup
Verified Member
Registered: 02-09-07
Posts: 92

Re: capital gains

slightly new laws out today mate but, just sell it and say no more  wink.
i understand you may want to re alter your original post to affirm your old addresss was your main residence wink

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#4 01-10-07 21:26:37

kaf
Verified Member
From: Wiltshire
Registered: 05-08-07
Posts: 3,324
Website

Re: capital gains

Don't forget, they got Al Capone on Tax Evasion.

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#5 01-10-07 21:36:28

peckerup
Verified Member
Registered: 02-09-07
Posts: 92

Re: capital gains

yes but the aforementioned didnt get an accountant to sortout "tax avoidance". pm me.

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