My father has a house which he has rented and now wants to transfer to me. The two options are for him to either sell the house now and give me the proceeds or to retain the house and transfer ownership to me. The house is worth about 200k and he has owned it for about ten years. I am wondering if there are any reliefs available on CGT other than indexation and expenses,I am aware of the 1/2 rate stamp duty on the transfer?