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parents house

  • 13-09-2018 03:49PM
    #1
    Registered Users, Registered Users 2 Posts: 1,190 ✭✭✭


    We are selling our family home and want to take over my ageing parents house while building them a granny flat. They want to give us the house and we will obviously pay for the extension. How are we fixed tax wise does anyone know. I remember reading somewhere that our tax liability could be reduced because they are staying in the house. Or can I buy house off the. And let them put extension on . Would this be allowed under tax rules. Looking for most tax efficent way of doing this. Thanks in advance.


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