CGT on rental property sale?

[Monsterxyz123]

Hello all
Can anybody please answer a question for me...
If I bought a rental property with my partner for say 250k....15years ago...mortgage paid for say 10years....partner passes away and life insurance pays remainder of mortgage off....does this affect calculations of cgt if you were to sell property for 250k.
Typically I'd say no cgt tax due as no profit gained from sale as purchase price same as sale price....but does the fact insurance policy paid mortgage affect this calculation?
Thank you for any response in advance.

 

[T McGibney]

Mortgages and financing arrangements are irrelevant to CGT liability calculations.

 

[jpd]

It's in the name- Capital Gains Tax

No gain, no tax

 

[Monsterxyz123]

Great. Thank you for answers.