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Buying parents house form them ?

1235

Comments

  • SuzieSue
    SuzieSue Posts: 4,109 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Annisele wrote: »
    Nice.

    If you post on here then you get the opinions you're given. If they don't help you, they might help somebody else in a similar position. And if you don't like something a particular poster says, there's an ignore button.

    If you want advice specific to your circumstances, from somebody with professional indemnity insurance when things go wrong, go and pay for it.

    Your original question was whether you or your parents were liable for tax. All I can say on what you've posted is that you're potentially looking at both CGT and IHT, and possibly also income tax (since in your other thread you mention the possibility of your parents paying you a rent).


    Why are you even bothering to help him? You really are a decent person.
  • Redouble
    Redouble Posts: 468 Forumite
    Those posting answers, I am finding some of them very helpful as some of the OP's situation is similar to mine. So thank you :)
    NSDs 7/20
    Make £10 a day £403.74/£310
  • M635
    M635 Posts: 63 Forumite
    Redouble wrote: »
    Those posting answers, I am finding some of them very helpful as some of the OP's situation is similar to mine. So thank you :)

    i really wish that was sarcasm
  • Redouble
    Redouble Posts: 468 Forumite
    M635 wrote: »
    i really wish that was sarcasm

    I'm sorry?

    Parts of the situation is similar, not a huge amount granted, but some of the answers have led me on to further research, therefor I am grateful.
    (the information on tax etc especially)
    NSDs 7/20
    Make £10 a day £403.74/£310
  • SuzieSue
    SuzieSue Posts: 4,109 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    edited 9 January 2012 at 10:04PM
    M635 wrote: »
    i really wish that was sarcasm


    Fortunately not everyone is as sarcastic and ungrateful as you otherwise this forum would have closed down a long time ago.
  • M635
    M635 Posts: 63 Forumite
    Redouble wrote: »
    I'm sorry?

    Parts of the situation is similar, not a huge amount granted, but some of the answers have led me on to further research, therefor I am grateful.
    (the information on tax etc especially)

    glad the tax part was useful, especially as that was why i started the thread.

    (the information on tax etc especially) if i didn't know better, this implies sarcasm again.... :rotfl:
  • M635
    M635 Posts: 63 Forumite
    SuzieSue wrote: »
    Fortunately not everyone is as sarcastic and ungrateful as you otherwise this forum would have closed down a long time ago.

    sorry but i am not ungrateful and have thanked people that answered my question.
  • Redouble
    Redouble Posts: 468 Forumite
    M635 wrote: »
    glad the tax part was useful, especially as that was why i started the thread.

    (the information on tax etc especially) if i didn't know better, this implies sarcasm again.... :rotfl:

    No, I did genuinely find it useful. Perhaps not relevant but it has given me other avenues to research.

    *disclaimer, none of the above is sarcasm*
    NSDs 7/20
    Make £10 a day £403.74/£310
  • M635
    M635 Posts: 63 Forumite
    *disclaimer, none of the above is sarcasm* :rotfl:
  • SuzieSue
    SuzieSue Posts: 4,109 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    M635 wrote: »
    sorry but i am not ungrateful and have thanked people that answered my question.

    You were unnecessarily rude to Annisele who was only trying to help you.

    You could have simply ignored her reply if you didn't think it was relevant.
This discussion has been closed.
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