If I'm selling a property that was my main residence for part of the ownership and then rented out, how does Private Residence Relief (PRR) apply to minimise my capital gains tax?
Quick Answer
PRR minimises CGT by exempting the main residence period plus the final 9 months of ownership, even if the property was later rented out, reducing your overall tax burden.
About This Topic
Understand how Private Residence Relief can minimise Capital Gains Tax when selling a property you lived in then rented out. Learn the exemptions and pitfalls.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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