Browse Forums Home Finance 1 Jul 13, 2011 7:06 pm I bought a property with my sister 4 years ago , paid most of teh deposit 50/50 and she moved in We were planning to get some work done to the property and sell it mind you that this is the only property that I own. Now we are selling the property and want to know if this is still considerd as my home property expempted from CGT or this only applies to my sister who lived in that place and not me . p.s: Sorry if i have posted this Q to this group as it seemed the closest one i could find. Re: Definition of residential Home 2Jul 14, 2011 2:15 pm No you are not entitled to the CGT exemption. If you had lived in it for a while then moved out you would be entitled to claim the exemption under the 6 yr rule. But if you have never lived in it you can't. I'm hoping you have been making tax claims for the 4 years you have owned it (including depreciation). Your sister will get the CGT exemption. 1 4617 We already paid for somfy motors for the blinds. The quote above was purely for “pre-wiring” so the blinds company can install the motors and blinds. That’s why we… 5 16079 From what I know about water tanks (I've been working with a client on them for a few years now) is this - The concrete can last a lifetime if they don't crack for some… 2 10522 |