If a client wholly rents out their only property for less than 6 years consecutively the main residence exemption can still apply.
What if they rent out part of their home and also their main residence? does the 6 year rule apply or are they using their home to produce income?
In theory if i wholly rent my only property out, I'm using it to produce income, but it is trumped by the 6 year rule.
Can someone clarify if the main residence exemption can still apply if part of a home is rented?