R rustbucket Registered User Messages 819 12 Feb 2024 #21 Brendan Burgess said: To avoid this tax, why does he not buy a share in your house? If the house is worth €288k , he can buy 50% of it for €144k. That would seem to be the best solution from a few points of view. 1) It is tax-efficient. 2) If you split up, he owns a share in the house and hasn't just given away €144k. If you do this, make sure to put it in writing. Brendan Click to expand... Agree with this. Could he also not just ‘loan’ you 144k to pay off your mortgage. Could that be drawn up with a nominal repayment amount per year and zero interest?
Brendan Burgess said: To avoid this tax, why does he not buy a share in your house? If the house is worth €288k , he can buy 50% of it for €144k. That would seem to be the best solution from a few points of view. 1) It is tax-efficient. 2) If you split up, he owns a share in the house and hasn't just given away €144k. If you do this, make sure to put it in writing. Brendan Click to expand... Agree with this. Could he also not just ‘loan’ you 144k to pay off your mortgage. Could that be drawn up with a nominal repayment amount per year and zero interest?