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When the little cottage on the end of her two came up for sale a few years ago my, now deceased, sister bought it for her daughter and partner to live in - rent free, the tax question came when they took the plunge and she tried to sign over ownership to them as a wedding present. She then became liable for capital gains tax so she just cancelled the plan and just said that they can just wait until she departed life and all three cottages would go to them with no tax liability under the laws of inheritance.To be honest Stan, she could live there rent free and I would still make a profit when she moved on. My pension pot was all converted to investments when I turned 55 so I can do what I like with it. I would of course have to pay tax if I remove it so it probably won't happen!
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