If you already own a home and inherit another, you will need to nominate one which will be your main home. You must inform HMRC within two years of inheriting a property regarding this decision.
This is important when it comes to selling as you will pay CGT on whichever property is not your nominated main home. If you fail to report to HMRC regarding the properties and sell one, they will decide which property was your main home. This could result in you paying tax on a property sale of whatever HMRC considered to be your main home, even if it wasn’t.
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