An investment property which has always been rented out since Day 1 which has been moved into prior to death is meant to be tax free, meaning no CGT is due when ownership is passed on. How does this exactly work with multiple owners? Let's say Homer, Marge & Bart own an investment property either as JT or TIC in equal shares. 10 years later Homer's not well at all. Homer (or all of them?) moves into the investment property. Home passes away a few days later. Is the investment property 100% CGT free or only Homer's ownership portion of 33.33%?