johncol

Back in may 2016 my father past aware and in doing so my mum and dads house passed over in his will to my mum and myself as there only son so we were 50/50 joint owners , In July this year my mother was killed in a car accident and i have spent the last few difficult months sorting out her affairs and the probate procedure . As part of the probate the house has been valued as £230,000 and we are going to market at £260,000 as i already owned 50% of the property and have for 8 years how do i work out the gain if we do sell for the asking price , any help and advice would be very much appreciated Thanks John