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A client of mine inherited a 50% share in an apartment from his parents in 2008 (his sister the other 50%) – he works full time in Dublin and has been living in the apartment for the last 2 years (it was previously rented out before)
His wife lives in a jointly owned house in Galway
He now wishes to sell the apartment (to a developer) at a gain of approx. €500k
Would there be any case to be made at all that the apartment is his principal place of residence and thus CGT free – the developer is pushing it on that basis

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Asked on 24 July 2019 10:09 am