Jul
14

Capital gains tax on rented property that was 50/50 but now 99/1?

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I have just sold a rental property and am slightly unsure regarding capital gains tax.

We made a profit of £77,000. The property was originally bought in joint names 50/50 basis with my husband, but we changed a few years ago as he is now disabled so I owed 99% and he owns 1%.

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