I would like to know if I can gift my residential property (A) to my two children as equal shares, then live for 7 years and move into the btl property (B) my wife and I own. Therefore, the btl property becomes my residential home.
This is to avoid inheritance tax on property A.
Also, property A is worth about £1m, purchased for £250k and property B valued at £600, purchased at £225k.
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