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Posted Tue, 17 Dec 2024 06:16:37 GMT by Stephen Buck
If I gift my home to my two children, I understand that I'll need to pay them full-market rent to continue to live there. If they both also continue to live there with me, though, is the rent reduced pro-rata, please - ie I'd need to pay them one third of the market rent with both of them still there, or half / two thirds (?), if only one continues to live there with me? Thank you.
Posted Fri, 27 Dec 2024 13:59:42 GMT by HMRC Admin 32 Response
Hi,
The rent would be at the going rate no matter who remained in the house.
Thank you.

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