Please could you give me some advice on the following:
I bought my house in July 2001 (£87,500) and rented it from 1/9/01 to 5/12/03 (with 6 months unoccupied between lets). I then moved into the property on 22/2/04 until 24/9/04 and have rented it out again from 2/10/04 to 31/8/05. Could you please advise how much CGT I will have to pay if I sell the property in Sept 05 (value £175,000) or what the tax implications are if I carried on renting the property out.
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