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Hi everyone, thanks for your replies. Dale...We actually rented our flat first for about 6 months and 10 days. Bit of a bummer. Richard....I've re-read Nicholas Humphrey's book. It just makes me more confused as he seems to contradict himself. ie, as I wrote previously, he states that...

Hello, Sorry. I'm a little confused now. Is this correct for my situation then.....since the property came with tennants, then essentially it was a rental property at the time of purchase, not a PPOR. Then, 6 months later when we finally moved in it became our PPOR. Therefore, the CGT is...

Hi Dale, No, I'm not confused. That makes sense. I didn't know you could get a valuation done for the value of a property in the past. Is it better to get it done now, or it doesn't really matter when we get it done as it's all retrospective anyway now??? I just read Nicholas...

Hi Dale, Thanks for that. I actually didn't get a valuation done once we moved into the flat. So in that case, what happens now? I mean, how do we work out the value of the flat upon ceasing renting it out? In a way I'm a little annoyed it's the way my friend described since I don't...

Hello, When I bought my home (last year) it came with tennants, so we rented it out for the first 6 months of ownership before moving in. So when it comes time to sell the PPOR, how is the CGT calculated. One friend told me that it's based on the gain between when we bought our flat to when...