Hi All
Can I sell my house to my son at any price I wish, as I own the property, mortgage paid off....or is there rules I need to follow?
Do I need to be aware of CGT or IHT or stamp duty in this instance, and would it minimise any other expenses keeping price to well below current selling price.
Partly selling cheap as its a gift but putting some price on it so he has some taste of having a mortgage and responsibility of being an adult.
ANY HELP APPRECIATED. Thanks Jay
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