The Property Leaves. The Tax Bill Doesn't

Giving a personally owned rental property to an adult child may leave the parent needing cash for Capital Gains Tax, despite receiving no purchase money. A mortgage could add further costs or stop the intended transfer from proceeding. If you want to leave more of your estate to your family, check out the Inheritance Tax Diagnostic: https://reptonestateplanning.co.uk/IH... In this video: → Why a gift to an adult child can be assessed at market value for Capital Gains Tax → How acquisition cost and allowable expenditure affect the gain calculation → Why a mortgage changes the transfer and may require lender consent → What to establish about ownership, valuation, costs and available cash before signing → Why future income needs and Inheritance Tax require separate consideration If you're a landlord considering this kind of gift, check the tax, mortgage and cash position before signing while the ownership decision remains reversible. ⚠️ This content is educational and is not financial, tax or legal advice. #RentalProperty #CapitalGainsTax #PropertyGifting #LandlordTax #EstatePlanning