popmum
Joined: 12/10/2024
-
RE: Capital gains tax on gifting property?
Hi, my understanding is that I won’t be liable for the 20 years I lived there (when it was my main residence) but I will for the 10 years that I haven’t. Is that correct? -
Capital gains tax on gifting property?
Hi I lived in a property for 20 years with my first husband. The house was solely in his name. When we divorced the house transferred to me. I have since remarried and I no longer live there. I would like to transfer the property to my son. Will I be liable for capital gains tax? Thank you. -
RE: Gifting Property to Children
Hi I lived in a property for 20 years with my first husband. The house was solely in his name. When we divorced the house transferred to me. I have since remarried and I no longer live there. I would like to transfer the property to my son. Will I be liable for capital gains tax? Thank you.