Hi all.
If I am renting a house that I purchase, can I claim the place as my PPOR from the time I moved in?.
I am looking at buying the place that I rent (we have agreed a price), but I am thinking of is doing a renovation whilst renting and then sell after I have bought it. I have been there a year and so can I claim this place as my PPOR for the year and therefore not pay CGT when I sell (I would "own it" for about 3 months)?.
Any help would be appreciated.
Noddy
If I am renting a house that I purchase, can I claim the place as my PPOR from the time I moved in?.
I am looking at buying the place that I rent (we have agreed a price), but I am thinking of is doing a renovation whilst renting and then sell after I have bought it. I have been there a year and so can I claim this place as my PPOR for the year and therefore not pay CGT when I sell (I would "own it" for about 3 months)?.
Any help would be appreciated.
Noddy