CGT on Property

[rev-erend]

A few years ago (5) - my GF moved out of here flat and I bought a new property and we live in the new place.

She rented out the flat for the past 5 years .. now the tenant is moving out and it seems like a logical time to sell up.

Her name is not on the deeds of any property except the flat.

Sound rough numbers - she has owned the flat for approx 10 years (90K purchase price). Price valuation now approx 140K (just a guess)..

Pays joint council with me at new property.

What CGT would be payable - are there ways around it .. like paying council tax (main residence) for a year ?

Thanks for the advice.

[Eric Mc]

Mail sent.

[rev-erend]

Many Thanks - I'll take a look.

[rev-erend]

MAny Thanks for the info Eric.

[Eric Mc]

[HiAsAKite]

Eric - I'm also interested in the answer to this question- I'd be grateful if you could share any nuggets on info with me too...

Thanks,

[Eric Mc]

HiAsaKite - YHM too