CoughGilly

I owned my property jointly with my husband, upon divorce I bought my husband out and continued to live in the house as my main residence. A few years later I bought a second home which became my main residence and rented the first house out. Jointly purchased 2001 Divorced and took full owner ship 2009 Rented out 2014 Sold 2024 I know I need to calculate the acquisition price using 50% the initial purchase price and 50% the buyout value when I took full ownership, but is the Private Residence Relief calculated using the total months between 2014 and 2001 as it was my main residence between those dates or is it also a split calculation based on 50% ownership initially then 100% ownership? Thanks

I have a follow on question to the above. If the property was subsequently rented out is the Private Residence Relief also calculated in two stages: Jointly purchased 2001 Divorced and one spouse bought out in 2009 Rented out so longer main residence of remaining spouse - 2014 Sold by remaining spouse - 2024 PRR of initial 50% calculated using 2014 back to 2001 timeframe PRR of second 50% calculated using the 2014 back to only 2009 timeframe Is this correct or is the PRR just calculated on the 2014 back to 2001 as it was the main residence of the remaining spouse for the entire period? Thanks