Thanks. I will check about the 6 month thing. Do you meen that if I rent it I wount pay cgt if I sell within 6 years Or do I have to say that I’m liveing in it when I sell; as long as it is less then 6 years? cheers
Thanks for your reasurence. I only need to live in it for a year for my first home buyers grant and then will rent it as an investment. I will have free accomadaion then elswere. I think it has gone up a bit but I’m conserned about the age of it. I’ll nead a new roof soon rah rah but yes I’ll hold it for a while. I’ll just have to miss out on the CGT saveings so I can rent it or find a way around it when I sell. I heard that in america if you buy another house that is more expencive strait after you don’t pay CGT. Could it be simular here