O
October29
Guest
I inherited the lease of a former rent-controlled property from a relative which entitles me to a long-term renewable lease.
My landlord has offered me a sum to vacate the property by signing away my entitlement to such a lease.
The property has also been my own principal residence for the past 15 years.
Does anyone know the potential tax liability to which I might be exposed?
My landlord has offered me a sum to vacate the property by signing away my entitlement to such a lease.
The property has also been my own principal residence for the past 15 years.
Does anyone know the potential tax liability to which I might be exposed?