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  1. #1

    Default Purchasing Property from Family under Market Value. Gifting?

    Edit: Sorry please delete this post. It was rushed, and worded wrong. Will try re-write at later time.
    Last edited by Dyceast; 01-07-2019 at 01:58 PM.

  2. #2
    Join Date
    May 2007
    Location
    Hamilton
    Posts
    3,592

    Default

    Why overall as a family do you want to do this? Or even why do you want to do this?

    - Give a benefit to one child and not the others?
    - Why do you want to buy it if no rent? Or if there is rent, bound to be below market value etc. Does the rental actually work for you?
    - Are you trying to dodge Rest home fees?

    Ross
    More Profit from Property? TEACH ME MORE
    Ross Barnett - Coombe Smith Property Accountants
    Proud to give the best property advice for over 13 years.


 

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