My Mothers left my 5 sisters and I equal shares in a house which is not principal private residence. Our Aunt who is still alive, has been living in this house for the last 40 years. We never registered our names on the deeds when my Mother died. House was valued £65,000 at time of her death in 1996. Value today is €180,000 with tenant or €380,000 Vacant. Since then we have come to a private agreement in which only 3 of us have shares in the house.
Questions I would like answered is as follow.
1. Should we register the deeds now or wait until our Aunt dies.
2. Are we subject to stamp duty at todays valuation or date of probate.
3. Will we be subject to Capital Gains Tax from probate date to date of selling,or date of registering our names on deeds to date of selling