Selling btl property

[layercake]

Hi guys,
I am thinking of selling a property wanted to ask what proof is needed to minimize my tax bill, it is currently on a btl mortgage however i have a relative staying so bills, CT etc are not in my name, if I was to move in and change the utilities into my name for a period of time would that class as a main residence ?

[Mr Pointy]

HAve you worked out what any CGT liabiltiy might be? Ths thread has some useful information:

https://www.pistonheads.com/gassing/topic.asp?h=0&...

[layercake]

Thanks, will have a look at that thread., am i right in saying that the capital gains would be minus the original loan and sold price

[zbc]

No loans generally don't make any difference. Your capital gain is the difference between purchase price and sale price less some allowable expenses.