If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Gifting house to dependent relative

Vologda69 · 2023-03-22 22:29:12

I own a house with my brother 50/50. My father lives with us, hes retired, over 65. Brother is getting married later in the year, is quite well off, and moving abroad. Naturally I am concerned if his marriage doesn't work out, our home cud be at risk. He has suggested gifting his half to my father. I was worried about tax,…

22-03-2023 10:29pm

#1

Vologda69

Registered Users, Registered Users 2 Posts: 926 ✭✭✭

Join Date: July 2013

Posts: 897

I own a house with my brother 50/50. My father lives with us, hes retired, over 65. Brother is getting married later in the year, is quite well off, and moving abroad. Naturally I am concerned if his marriage doesn't work out, our home cud be at risk. He has suggested gifting his half to my father. I was worried about tax, but he mentioned Dwelling house exemption?

0

Comments

#2 23-03-2023 8:04pm

Geuze

Registered Users, Registered Users 2 Posts: 14,039 ✭✭✭✭

Join Date: July 2010

Posts: 13887

https://www.revenue.ie/en/gains-gifts-and-inheritance/gift-and-inheritance-tax-cat/index.aspx
This may help.

0