I would like to confirm how to calculate Capital Gains on our rental property. We are thinking of selling our only property that we lived in for several years after we first bought it. During that time we invested money to update the bathroom, kitchen, wiring, plumbing etc (no structural changes though) and so increased the value of the property. Recently we moved overseas and have been renting it out. Do we calculate the capital gains based on the value the property has increased since the day we bought it or do we calculate it from the day we moved out?