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Every client estimate I have seen is objectively in their favour. Some have this way of making facts fit the case and that view increases as tax rises. :-) . I would go with gary + I would at least rely on a third party if there is a tax impact / saving. It like arguing over putting coins in a...

The correct answer is that a valuation should be obtained from a qualified valuer based on the date when the property ceased to be your main residence if that was date it first earned income. they likely will use RP data etc to proide that opinion. The higher he value the better (not that you...

Did you get a valuation in 2011 or whenever you rented it ?? Was the IP still eligible as MR exemption for a period ? Ie date you moved out until you acquired another MR is also likely exempt. Your facts arent clear. This might change your calcs.