Question 49 - Capital Losses On Gifts

What this episode covers

Adam asks: "My dad owns a ground floor flat and he is gifting it to me. He bought the property for £150k, it's now worth £160k but needs about £10K spent on it to make it properly habitable. What would be the CGT situation here?" Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Moneystepper Q&A Podcast?

This episode is 3 minutes long.

When was this Moneystepper Q&A Podcast episode published?

This episode was published on December 7, 2015.

What is this episode about?

Adam asks: "My dad owns a ground floor flat and he is gifting it to me. He bought the property for £150k, it's now worth £160k but needs about £10K spent on it to make it properly habitable. What would be the CGT situation here?" Hosted on Acast....

Can I download this Moneystepper Q&A Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.