This website uses cookies to ensure you get the best experience on our website, read about our cookie policy.
Accept Cookies
National Residential Landlords Association
Home My Account My Portfolio
Join Us Log In

is CGT payable on a siblings 'sold share' of inherited property
Tax Planning and Financial

Maureen_539
Maureen_539
5,073 Thanks
8,695 Posts
1 year ago
0

Is there a colleague out there with relevant experience of 'buying out' a siblings share of an inherited property?
Probate valuation from 10 years ago means that between then & now the share has increased in value by £20K. The sellers are home-owning retiree's without other income. My question is; will CGT be payable when the sibling 'sells' their 'registered' share?

Who can settle the argument?

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.

Join Today

Have you forgotten your password?