Two homes, Principal Private Residences & Capital Gains tax?

[Adlopa]

Ok, so if you nominate your wife's property and sell hers within the 18 months, the legal documents are in the name of your wife so she signs the paperwork. Bearing in mind transfers between husband and wife are exempt from CGT, doesn't matter if the cash ended up in a joint account, sole account, etc that's more of a personal issue rather than a tax issue.

If sold within 18 months, no gain on either of the properties so nothing to declare on the self assessments.

Hm, makes sense, I think. That means we have a little over year to make our fortunes and move...

[Fred Bloggs]

Hm, makes sense, I think. That means we have a little over year to make our fortunes and move...

The best expert on this topic will be your local MP. They have made countless tax free millions out of property that has been funded by tax payers but profited only the MP when sold.