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Posted Sun, 24 Nov 2024 14:43:39 GMT by Mcarr48 Pearl
Hi if someone had a second home with their husband in equal shares and inherited the other 50% share when their husband passed what would the cap gains calc be based on when they come to sell it? Would it be the purchase price? Or would 50% be the purchase price and 50% be at the market value when the husband died? thanks
Posted Thu, 28 Nov 2024 13:25:53 GMT by HMRC Admin 20 Response
Hi,
It is the 2nd option.
Thank you.

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