Richard Keith
-
CGT and Transfer of Equity
My wife and I are going to separate and I want to take my name off the deeds (transfer the equity) of our main house and also a house we've bought for our special needs daughter. Both properties are mortgage free and will therefore be owned solely by my wife. What are any CGT or other tax implications for either myself or my wife? -
RE: CGT liability following transfer of equity
Hi ... I've a similar query about transfer of equity. My wife and I own 2 properties, our marital home and a second property we rent to our special needs daughter for independent living. Unfortunately my wife and I are separating and I would like to remove my name from the deeds of both properties so the ownership moves to my wife. What are the tax implication of this on her?