Will gifting my buy-to-let property lead to a big capital gains tax bill?
Will gifting my buy-to-let property lead to a big capital gains tax bill?
I have a buy-to-let (BTL) property with my daughter as tenant, using a mortgage for family members. I plan to pay off the mortgage and transfer ownership to my daughter. As I understand it, HMRC will view transferring ownership as selling it, so I will incur capital gains tax (CGT). The property is in south-east London and…
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