PPR Question relating to 3 years "absence for any reason" rule
alexmitchell
Registered Posts: 58 Regular contributor ⭐
Hiya
Quick question:
With the 3 years deemed occupation "absence for any reason" rule, if somebody goes on holiday for 2 years between times of actual occupation then rents their property, can I use the "absence for any reason" rule to use 2+1 years deemed occupation (2 years on holiday + 1 year when rented), although these years would be split between time of actual PPR..
OR do you have to use the 3 years "absence for any reason" in one block?
Any help appreciated. I am studying a case study on the 10/11 osbourne book. Page 7.21 Q 7.3 and the answer seems to think you can only use in a block of max 3 years & not split.
In the learning chapter is doesnt explain this however..
:-/
Quick question:
With the 3 years deemed occupation "absence for any reason" rule, if somebody goes on holiday for 2 years between times of actual occupation then rents their property, can I use the "absence for any reason" rule to use 2+1 years deemed occupation (2 years on holiday + 1 year when rented), although these years would be split between time of actual PPR..
OR do you have to use the 3 years "absence for any reason" in one block?
Any help appreciated. I am studying a case study on the 10/11 osbourne book. Page 7.21 Q 7.3 and the answer seems to think you can only use in a block of max 3 years & not split.
In the learning chapter is doesnt explain this however..
:-/
0
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