J jdwex Registered User Messages 476 Friday at 8:35 PM #1 A friend inherited 2 rental properties from her husband when he died. She is proposing to sell one of the properties. Is the CGT based on what he originally paid for the house, or the value of the house when she inherited it?
A friend inherited 2 rental properties from her husband when he died. She is proposing to sell one of the properties. Is the CGT based on what he originally paid for the house, or the value of the house when she inherited it?
Brendan Burgess Founder Messages 55,552 Friday at 9:54 PM #2 The value of the house when she inherited it.
J jdwex Registered User Messages 476 Friday at 10:44 PM #3 Thanks Brendan, that was my view, having looked at the issue.
