dmm Posted July 11, 2006 Report Share Posted July 11, 2006 Bought property in 1988 with wife,moved out in 1997 & let it out(all above board with tax man).Moved out of next place in 2001 & let it out. Looking to sell 1st place next year.iknow all about the taper refief & last 3 years etc but my question is. If my wife & i were having martial problems & we had a temp split & i went to live back at 1st place then we decided to seel the property 6 months later would i be able to sell the place as my main residance & therefore pay no CGT? & would it then it make a differance if we patched things up & i moved back in with my wife? Thanks Link to comment Share on other sites More sharing options...
plym77 Posted July 12, 2006 Report Share Posted July 12, 2006 Hi I can see what you are trying to acheive and I really wouldn't recommend that you play with the system like this. Incidentally, even if you did truly split and then sell the property 6 months later you are achieving nothing since the final 36 months of ownership is covered by PPR as it was your PPR at some point. So the 6 month period would be swallowed into the last 36 months. I hope this helps. Regards Sherena (Plym 77) Link to comment Share on other sites More sharing options...
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