Hi there,
My family has inherited a house recently. In the Will the house is split across 5 of us (2 adults 3 kids).
I am trying to complete the IT38 forms for CAT - what value should I use for "Market Value of Property" ? Should I use the total market value, or should I use my share (%) of the total market value? There doesnt seem to be anywhere to enter my share ... so not totally sure how to do this.
Also, I will be taking care of the CAT forms for the other four people in my family. Is it possible for me to file on behalf of each of them (listing their PPSNs as beneficiaries) separately through MyAccount on revenue.ie? (i.e. when I submit the first one, I will still have an option to submit the others)? Might be a stupid question, but I want to make sure that once I submit the first one I am not locked out from submitting the others.
Thanks !