Hi all,
We're thinking of buying the family home and paying off siblings, are there any tax implications for us ie we'll be living in it as our family home. Also am I right in saying that we would buy it through the normal process ie with a solicitor and would we have to draw up an agreement with siblings for the agreed sum that they would be paid? Or are we mad? sibling rivalry & all that....
Thanks
We're thinking of buying the family home and paying off siblings, are there any tax implications for us ie we'll be living in it as our family home. Also am I right in saying that we would buy it through the normal process ie with a solicitor and would we have to draw up an agreement with siblings for the agreed sum that they would be paid? Or are we mad? sibling rivalry & all that....
Thanks