John1604 H
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RE: Only one property owned .
Hi , that doesn’t specify my situation in any of the points in the link . I own the property but I won’t make any money as I’m giving all proceeds to my soon to be ex wife . The house was in my name but mortgage was both our names . She lived there for last 10 years alone and now wants it sold . So I am and giving all proceeds to her . Any help would be appreciated. Thanks -
Only one property owned .
Hi , I only own one property and been living in other places ( as family or friend ) since separating over 10 years ago , I am selling the property (I’m the only owner ) giving all proceeds to seperated wife( who’s lived there all that time ) before divorce completed . Do I pay any capital gains tax?