Hi all, I'm new to this forum and I was after some advice regarding capital gains tax. My Wife and I have 2 properties both are 50/50 in our names. She doesn't work as we have 2 young kids. our 1st property we lived in for 4 years before renting it out, moved interstate and about 8 months later bought our second house which we have been living in for 2 years. We are being harrassed by a developer to sell out first house as he has bought all the houses around us. Is our first house subject to CGT? It has risen in valve quite a bit more than the 2nd house. I was under the impression that our 1st house would not be subject to CGT unless we rented it out for more than 6 years. If I could have the choice I would pay the CGT on house 2 as it's valve has increased by about 10% in 2 years where house 1 has increased about 110% since we bought it. Any advice would be great, Thanks.