I just wanted to clarify something about Capital Gains. I have a property I've owned for quite long time (can't remember exactly right now). I lived in it initially and then I rented it out for more than 10 years and now I am considering living in it again for a period of time.
As I understand it capital gains will still be liable due to it having been rented for more than 6 years but will my living in it again make any difference to the % that it would be calculated on it if I subsequently decided to sell it?
Thanks
As I understand it capital gains will still be liable due to it having been rented for more than 6 years but will my living in it again make any difference to the % that it would be calculated on it if I subsequently decided to sell it?
Thanks