My father passed away about two years ago but before he died he was gifting me a half acre site. The site doesn't have planning permission and has been valued at €7000.
I've been given the choice by my solicitor of getting the site via the original gift or as an inheritance in my father's will.
My query is, if I were to sell the site in the future and make a profit on it, is it better to get the site now as a gift or an inheritance from a tax point of view?