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Capital Gains Tax on Second home after seperation

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  • #1

    Capital Gains Tax on Second home after seperation

    Just want to know if I have to pay capital gains tax on my original home. Me and partner separated 7 years ago, and since then her and my kids have been living there with me paying 50% of the mortgage.

    Timeline of events

    - House purchased 2005 (Joint Tennants)
    - Separated 2011
    - Lived with Parents from separation to 2017 when I got my own house.
    - 2 Children and Ex Partner remained in house as she had a low income and wanted children to have a safe house to grow up in.
    - Looking to sell later this year.

    Will I have to pay CGT considering my children have been living there?
    Tags: None
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