richard30
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RE: Capital Gains Tax and Joint Tenancy
Thank you. Having read the documentation can I just confirm that I only need to calculate the gain based on my share (i.e. one third of the property's value when acquired and when sold), as the only remaining tenant ? Kind Regards. -
Capital Gains Tax and Joint Tenancy
Hi, I bought a family house with my mother and brother in 1995, as joint tenancy with right of survivorship. I lived in the house until I was married in 1999, my mother continued to live there until her death in 2014 and my brother has also lived there until he passed away at the end of July. I am trying to get a handle on what tax might be due if I was to sell the property and also, as the property is in a state of disrepair, what my options might regarding carrying out the necessary works to bring the property up to the required standard for sale. Kind Regards,
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