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Capital Gains-how do i find out historical house price?
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If this has been your main residence since, there should be no CGT payable by you on the sale.
dunstonh is right with regards to the potential IHT side of things. If the estate is under the IHT threshold (£650k for couples) then this shouldn't be an issue."If you will change, everything will change for you." - Jim Rohn
I simply use these forums to share my knowledge, reinforce my learning and experience as an IFA. Please remember, if your circumstances are complex, speak with your local IFA from Unbiased or VouchedFor directories for regulated financial advice.0 -
Ricky c- no i stayed their for 5 years, then moved down the road and became my parents carer ( my dad got alzheimers)
I am the female daughter and the estate( well the house cos they didnt have anything else) is about 220k so i think maybe the iht thing might not apply then?0
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