Hi all
I'm baffled by this so any help is appreciated!
Bought a house with my now ex in 2004 for 270k, we both lived there and in 2006 I bought her out for 50k with value of the house then 350k. It was rented from then on and worth about 400k now.
Can someone tell me how I calculate CGT and what values to use?
Thanks!!
I'm baffled by this so any help is appreciated!
Bought a house with my now ex in 2004 for 270k, we both lived there and in 2006 I bought her out for 50k with value of the house then 350k. It was rented from then on and worth about 400k now.
Can someone tell me how I calculate CGT and what values to use?
Thanks!!