CGT on Property Sale

[ClubMan]

Ordinarily yes, but maybe not entirely in this case as the payment made by ex to be removed from mortgage might evidence a value for the property transfer if no other exists.

Thanks, but I still don't get it.
The original poster already said that they paid €55k when the property was worth (I presume slightly?) under €300k to buy the ex out (of the mortgage and/or property itself).
Isn't that the relevant info?
Or am I missing something?

 

[RedOnion]

Or am I missing something?

Yes, I think you might have misread the exam question.

 

[ClubMan]

Yes, I think you might have misread the exam question.

Huh?

 

[Gordon Gekko]

So the poster paid €190k for 50% and then an unknown figure for the other 50%.

How much was the mortgage at that time and how was the €55k arrived at?

There’s also the ‘extra’ year of deemed ownership for PPR Relief.