money from second home

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  • #23403

    having a ‘senior moment’ at present .. well seen it’s the beginning of a new year

    anyway, the question is: Can you confirm the time limit that capital received from the sale of a previous home is disregarded, AND, if the clmt has money left after the purchase of a new home, does the remainer of the money remain disregarded till the end of the initial period or is it counted as capital


    It’s disregarded for 26 but ONLY if it’s for the purpose of purchasing another home

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