This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Joint own 2 properties - buying each other out

Victoria Pete
Posts:1
Joined:Mon Mar 20, 2017 2:00 pm
Joint own 2 properties - buying each other out

Postby Victoria Pete » Mon Mar 20, 2017 2:05 pm

Hello - we joint own two properties and are now going our separate ways so he lives in one and I live in the other. At some point we will want to buy each other out of our shares. What is the best way to proceed to minimise CGT and Stamp Duty? We aren't restricted by timing - we can delay the transaction if it helps the tax situation by having lived separately for longer.

Thanks in advance for any advice.

Return to “Property Taxation”