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Capital gains joint owned property
Andlam
Posts: 15 Forumite
in Cutting tax
Hello
my ex wife and I are selling our marital home. She has lived there for approx 6 years with our children and I have lived in shared accommodation (to allow her to stay there)
will i have to pay capital gains tax on my share of the equity?
if so how much?
my ex wife and I are selling our marital home. She has lived there for approx 6 years with our children and I have lived in shared accommodation (to allow her to stay there)
will i have to pay capital gains tax on my share of the equity?
if so how much?
Thanks
0
Comments
-
You may .
There is just too little information provided to even hazard a guess. New rules came into play in June 2022.
When did you separate?
When did you cease living there?
How much interest in the property did you retain after the divorce settlement?When was it bought and for how much?
What will it sell for and when is this likely to occur?0 -
[Deleted User] said:You may .
There is just too little information provided to even hazard a guess. New rules came into play in June 2022.
When did you separate?
When did you cease living there?
How much interest in the property did you retain after the divorce settlement?When was it bought and for how much?
What will it sell for and when is this likely to occur?
i moved out 6 months later
we didn’t do a consent order as we hold it 50/50 and there was no other assets
bought for £225 will sell for £315-330 ish
hopefully sell in the next 3-6 months as
It’s going up next week0 -
Andlam said:[Deleted User] said:You may .
There is just too little information provided to even hazard a guess. New rules came into play in June 2022.
When did you separate?
When did you cease living there?
How much interest in the property did you retain after the divorce settlement?When was it bought and for how much?
What will it sell for and when is this likely to occur?
i moved out 6 months later
we didn’t do a consent order as we hold it 50/50 and there was no other assets
bought for £225 will sell for £315-330 ish
hopefully sell in the next 3-6 months as
It’s going up next week0 -
Oh 2014! Missed that0
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