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bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 10608
Experience:  FCCA FCMA CGMA ACIS
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How much does this cost please? I have 2 questions, no, not

Customer Question

How much does this cost please?
JA: The Expert's answer will cost $10 to $100, depending on the issue type and time to respond. You'll see the exact amount on the next page and can decide then. It's way less expensive and more convenient than any face-to-face visit.
Customer: I have 2 questions
JA: Have you talked to a tax professional about this?
Customer: no
JA: Is there anything else the Accountant should know before I connect you? Rest assured that they'll be able to help you.
Customer: not that I know of. It is to do with a. Inherited property value £120k
Submitted: 18 days ago.
Category: Tax
Expert:  bigduckontax replied 18 days ago.

What is your problem, please?

Customer: replied 18 days ago.
My mum left my sister and I her property value £120k
If we sell do we have any tax to pay. We both have our own houses?
If I buy her out. So I pay stamp duty ans will she have to pay capital gains in her £60k
Thanks
Customer: replied 18 days ago.
Hi a pop up flashed on my screen but the. Disappeared
Expert:  bigduckontax replied 18 days ago.

You would only have to pay Capital Gains Tax (CGT) were the gain over 12.3K.