ppr and cgt

  1. 387 Posts.

    a question to those in the know..........
    as far as i know , if i live in my rental for 6mths
    every 6yrs i can classify it as my ppr.
    can l live there longer?
    do l have to fill out forms to do so?
    lf l buy and live in another property of a lesser value
    can l still claim the higher valued property as
    my ppr so that in the event of me selling l wont
    have to pay capital gains tax.

    thanks in advance........... M
 
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