Another Capital Gains Tax Question!!

H

herekitty

Registered User
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Bought a house in 2004, lived in it until April 2008. Rented it out then until Nov 2009. Just sold it for substantial loss. So no capital gain but significant loss I want to carry forward. Will revenue credit me with the full loss or pro rata it for the time I lived versus the time it became a rental property. Have searched the revenue site and cant find an answer to this. :confused:

Thanks Folks
 
PPR period is exempt and any loss arising on that period not allowable.
The total loss will be apportioned.
 
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