Calculating CGT due on second property - a few specific questions

tg99

silvercar wrote: »

1. No

2.& 3. You should be OK for at least a year. See: https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg65003

4. normally people have one combined survey that provides condition and valuation

5. I would think so.

6. very generous tenants to allow capital improvements to take place on a property they will soon be leaving!

7. I didn't think you could...

Thanks very much for your reply. Re your ‘No’ to 1. above, I was thinking the period of absence of up to 3 years for any reason would apply if renting during that that time since if you are renting then the rented place would not be a dwelling house eligible for relief (given you do not own it). However, from what I can see now, even when you rent it is still deemed a dwelling house eligible for relief and hence you would have to nominate the place you do actually own (and have moved out of) within 2 years in order for the period of absence to be allowable?

[Deleted User]

jimmo wrote: »

AAAARRRRGGGGHHHH!

You could OF asked.
I would OF told you how to spell "too".

:T

Very good - the truth is - I jus cant tipe proper.