Tax accountant in South Dublin,

B

Badger8

Registered User
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To advise on proposed purchase of family home (parents home) by a daughter at less than market value.
 
Parents and daughter will need separate solicitors. Start there.

Either of those solicitors will be able to advise their respective clients in general terms.

If more specific advice is necessary either of those solicitors can usually recommend an accountant.

mf
 
mf1 said:
Parents and daughter will need separate solicitors. Start there.

Either of those solicitors will be able to advise their respective clients in general terms.

If more specific advice is necessary either of those solicitors can usually recommend an accountant.

mf
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Thanks mf1
 
Can you give more specifics such as

Is it the purchase of the parents PPR or an investment property they own ?
Who will live in the home once the purchase is complete ?
What is the actual market value and the proposed purchase price ?
Has a lifetime gift been received thus far by the daughter ?
 
Pugmister said:
Can you give more specifics such as

Is it the purchase of the parents PPR or an investment property they own ? PPR
Who will live in the home once the purchase is complete ? WE WILL, WE WILL SELL OUR PPR TO FINANCE THE PURCHASE
What is the actual market value and the proposed purchase price ? 650K 450K (all to be agreed)
Has a lifetime gift been received thus far by the daughter ? NIL
Click to expand...

HI Pugminster,

Some more info above, all to be agreed. Will be making contact with Tax Accountant shortly.
 
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