sandymount
Registered User
- Messages
- 65
I purchased a house with my father in 1997. It cost 160k euro is now valued at about 550k(recent valuation).
I have lived in the house since purchasing it and have paid all the mortgage. I couldn't get a mortgage for the full amount at the time of purchase so my father agreed to co-sign the mortgage and is co-owner of the house.
My father has agreed to sign the house over to me now if I pay an CGT liability that is outstanding.
Can anyone let me know what the liability will be and what stamp duty would be payable on the transaction.
Thanks
S
I have lived in the house since purchasing it and have paid all the mortgage. I couldn't get a mortgage for the full amount at the time of purchase so my father agreed to co-sign the mortgage and is co-owner of the house.
My father has agreed to sign the house over to me now if I pay an CGT liability that is outstanding.
Can anyone let me know what the liability will be and what stamp duty would be payable on the transaction.
Thanks
S