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Capital gains tax help

1 reply

timeforachangeithink · 10/11/2016 18:07

I'm wondering if anyone can help. I bought a property with my ex which I bought him out of a year later. I've had it rented and trying to work out my capital gain. For the buying expenses do I use half of the costs when we bought it together added to the costs that I paid to buy him out? That seems the logical thing but just checking to make sure I am correct.

OP posts:
timeforachangeithink · 10/11/2016 18:09

Also what purchase price do I use, the initial purchase value £160k or the value I bought him out for £155k. Or again do I split the difference and use £157,500.

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