Thank you, ***** ***** what I thought the position would be, but needed to know I had researched it correctly. Could you explain 'letting relief?
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If you have lived in a residence and then let it out. when you finally come to sell then instead of Annual Exempt Allowance you can receive LR which is available up to 40K, not to be sniffed at! You must have lived in the house before you let to an create an entitlement to LT.
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