arunapattam replied to the topic Main Residence exempted from Capital Gains in the forum The Treasure Chest 21 years, 2 months ago
Hi Simon,
Thanks for confirming it.
Yes, If we want to rent it out for the next 6 years, we have to re-occupy it and then let it out.
But, I heard that when you rent your main residence you should have some compeling reasons to do so. Like a transfer inter-state or something. I want to know whether I can let the property out but still live in…[Read more]