Inheritance Tax

[Daisy1]

Can I inherit a dwelling from my father tax free, I live with him. Thinking I could fall under dwelling house exemption

The house needs work which I am willing to do if it increases the value of the property could I end up paying tax on works I have paid for

 

[mf1]

http://www.revenue.ie/en/tax/cat/leaflets/cat10.html

Check out the conditions. Take proper case specific advice

mf

 

[Brendan Burgess]

Daisy. Please edit the title of your thread or else the whole thread will be deleted.
Please also read the Posting Guidelines before posting again.