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Posted Fri, 29 Sep 2023 17:25:06 GMT by
Hi If i wanted to sell an inherited property, which is not my primary home/property, to a family member I understand i would pay CGT on the difference between the value of the property when inherited and the market value of the property now, regardless of whether i sell at this market value or below. What evidence does HMRC require of this market value? How does HMRC check/determine market value? Thanks
Posted Thu, 05 Oct 2023 11:24:54 GMT by HMRC Admin 25 Response
Hi EK86,
You would need to have 3 different valuations  done by estate agents and take an average.
Thank you. 
 

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