If you live in a PPOR (MUST live there first) and move out, so long as you don't claim another property as your PPOR then you can be away from the original PPOR for up to 6 years without losing the CGT exemption.
You can move back in within the 6 year time frame, then move out and start the 6 year exemption again.
Marg
As a property becomes cashflow positive due to increased rents over time, buy another one that is slightly negative again, to make sure your taxable income doesn't increase.
If you live in a PPOR (MUST live there first) and move out, so long as you don't claim another property as your PPOR then you can be away from the original PPOR for up to 6 years without losing the CGT exemption.
You can move back in within the 6 year time frame, then move out and start the 6 year exemption again.
Marg
So what happens if you move away from the original PPOR for greater than 6 years, then you move back into it say in 10 years, can you start another 6 year exemption period again?
Also how long do you have to stay for when you move back? 6 months? 12 months?