I am presently renting. If I purchase a property, intention to live there, and then sell after say 6 months will I be liable to CGT on any increase in price?
I am presently renting. If I purchase a property, intention to live there, and then sell after say 6 months will I be liable to CGT on any increase in price?
If you don't reside in the property then it's not your Principle Private Residence, and therefore liable to CGT. the intention to reside in it does not make your PPR.