I hope someone can help me
I bought a house (A) with my 2 brothers in 2001, then in 2010 I bought my brothers out so the house was solely owned by me. I then renovated it and moved out in 2011 where it has been rented by a handful of tenant's over the years. I moved into a second property (B) I purchased in 2011.
I have this year moved back into the property into Property A in July 2019 and have just received a serious offer to sell, as I have lived there for the passed 5 or so months does that qualify me to not pay CGT? Or would it need to be longer? I would like to sell the property of course now but am not sure whether it I would be shooting myself in the foot by not holding out if there is such a thing as a window to avoid CGT when you move back into the property?
Q2 If CGT is payable regardless and so declared to HMRC, what will they need to see in terms of deductions as I don't think I kept all receipts from 2011, I am panicking about this
Hope someone can help with this
Holly x