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  1. #1
    Question submitted via Daily Express newspaper
    Join Date
    Jul 2008
    Posts
    1,927

    What CGT will I pay on sale of rented-out house?

    I purchased a house 8 years ago with the proceeds from a divorce after 30 years of marriage.

    I am renting out the property at the moment. I have no mortgage on the property. I intend to sell the property next year, probably for around 180,000.00. How do I stand with paying capital gains tax? The property is in my name only.

    Chris Newitt

  2. #2

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