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  1. Mike

    Capital Gains Tax... Principal Residence

    Reply: 1.1.1.1.1.1.1.1 From: Mike . Hi Paul, You said: "Given the property was sold after less than 12 months and the question is coming up now, I assumed it was purchased after 1999." Sorry to be pedantic, but the issue of Indexation is spurious in Iona's case since the issue concerns a...
  2. Mike

    Capital Gains Tax... Principal Residence

    Reply: 1.1.1.1.1.1 From: Mike . Hi Iona, You said: "... it was certainly her principal place of residence for almost 5 years." Unfortunately, the 4 years that your daughter rented doesn't count towards main residency status since she was not the owner of the dwelling at this time. However...
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