Ask An Expert

Ask an expert

If I get into co-ownership and live there as my main residence, will I retain my capital gain exemption?

Yes, upon the sale of your property, you will receive capital gains exemption on your share of the property.

This is provided that you have occupied the property and it is your sole principal place of residence from the initial purchase to the final disposal.


Disclaimer: Answer provided by Diamond Blue Financial Services

Join Kohab to connect with our Experts


Questions about Co-Ownership? We’re here to help. Join Kohab to submit a question to our network of experts - absolutely free.

Join Kohab