Hi,
My principal residence was knocked down and rebulit into two units. One side I moved into for 3 months before being sold. Other side was sold. I paid GST withholding for both of units when I sold them.
Q: Can I still get the principal residence full CGT exemption because I moved back into one side and live there for 3 months?
Thanks
No you can't because you've earned income from the sale. Did you split land titles or is it still on the same piece of land?
No you can't because you've earned income from the sale. Did you split land titles or is it still on the same piece of land?
Hello @Sophie1,
We have answered your question in a similar thread. Please see Knock-Down / Rebuild - Duplexes - Capital Gains Consequences.
21 May 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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