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From: Iona 2
My daughter rented a property for 4 years which came up for sale and she purchased it. She sold it two weeks prior to owning it for 12 months. Is she liable for capital gains tax... it was certainly her principal place of residence for almost 5 years.
I am anxious on her behalf.
Regards,
Iona
My daughter rented a property for 4 years which came up for sale and she purchased it. She sold it two weeks prior to owning it for 12 months. Is she liable for capital gains tax... it was certainly her principal place of residence for almost 5 years.
I am anxious on her behalf.
Regards,
Iona
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