F
familyman
Guest
Hi there,novice at this game and looking for some advice for the best way to proceed.
Father-in-law owned a site,we split the cost of building house 3 ways. House still in father-in-laws name due to planning restrictions.
What is the best way to get the deeds changed to the 3 names since all bills and work were split 3 ways.
I have heard that if I get added to the deeds I will be liable to cgt before we even sell the house, is this correct and if so, what is the best way to deal with this?
The house and proceeds will eventually be split 50-50.
Thanks.
Father-in-law owned a site,we split the cost of building house 3 ways. House still in father-in-laws name due to planning restrictions.
What is the best way to get the deeds changed to the 3 names since all bills and work were split 3 ways.
I have heard that if I get added to the deeds I will be liable to cgt before we even sell the house, is this correct and if so, what is the best way to deal with this?
The house and proceeds will eventually be split 50-50.
Thanks.