Home economics: ‘My brother inherited our father’s house for his sole use but the rest of us have Right of Residence – are we liable for tax?’

Our property finance expert answers your questions

“The value of the inherited property your brother received from his father will be reduced by the value of the right of residence in place for the siblings.” Photo: Getty

My brother recently inherited our late father’s house for his sole use.

source

Leave a Reply

Your email address will not be published. Required fields are marked *