alex lloyd
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RE: capital gains on 2 seperate main residents jointly owned?
Thanks, My brother lived in the house for 4 years as his main residence prior to us purchasing the flat, would CGT be calculated from the time he swapped his main residence rather than original purchase price? How would this be calculated ? -
capital gains on 2 seperate main residents jointly owned?
myself and my brother both own 50% of eachothers properties which are our seperate main residents. I live in a house and he lives in a flat, if we were to sell the house which has gained value would we or I or he be required to pay captial gains tax on the sale?