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Hello my name is ***** ***** I will help you with this.
Just to be clear the house you are moving into, is that the one with the tenant?
You are selling your primary home
Yes that is correct.
Ok - then if you live in this new home for 3 years (your primary home) there will be no CGT to pay/
If you sell it within 3 years then you will pay a tapered reduced rate depending on how much its been your primary home
But yes you dont pay CGT until you sell it
Can I clarify anything for you about this today please?
Alex, thank you very much for confirming this.
Happy to help. Can I help with anything else today?
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