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Am I liable to pay capital gains tax on my home if I move to a new residence and it takes me 6 months to sell the old one?

Home Sale Move: Capital Gains Tax Liability After 6 Months?

If you get a new home before selling your old one, you can actually treat both as your main residence or principal place of residence (PPOR) up to 6 months. 


This applies under the following conditions:


  1. The old property must have been your main residence continuously for at least 3 months within the 12-month period prior to its sale.
  2. During any period in those 12 months when the old property was not your primary residence, it must not have been used to generate income (so property cannot be rented).
  3. The new property must become your primary residence.


This way, you can take your time moving without worrying about the capital gain tax. 


Source – Moving to a new main residence