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Depends if you claimed any CGT exemption for the 2 years you lived in property B....
But isn't Pete is asking about the CGT excemption from 2005? Once prop B is sold, Prop A is again the PPOR and CGT excempt.Pete, the simple answer is no. As soon as you elected Property B to become your PPOR, you relinquish the ability to claim it on Property A.
Can I apply the 6 yr CGT exemption to property A from 2005 in the following scenario?
Property A was PPOR 1994-2003
then IP 2003-current
Property B was IP 2000-2003
then PPOR 2003-2005 then sold.
2005-current lived OS and now renting, no other PPOR from 2005.
Cheers
Pete