When you move into a age care home and pay a RAD, does that mean your PPR changes - or do you still get the 6 year exemption for your PPR on capital gains?
Thank you!
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Where you move to is not relevant. You can still treat your former home as your main residence for up to 6 years if rented, or indefinitely if not income earning. See link on 6 year rule
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Where you move to is not relevant. You can still treat your former home as your main residence for up to 6 years if rented, or indefinitely if not income earning. See link on 6 year rule
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