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Is this picture of CGT on second homes correct?
Comments
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Thanks 00ec25, Clapton and Savvy_Sue!
I understand the error of my ways re 'flipping' as she isn't actually in a situation where she is living in 2 properties at the same time. PPR will move from one to another and there is a 3 year exemption on property A before there is potential for CGT implications.
You have all been extremely helpful, a big thanks to you all!0
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