You cannot just 'gift' a property (unless it is to your spouse)...

  1. jokers1974
    455 Posts.
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    15/02/15
    12:13
    Post #: 14757358
    You cannot just 'gift' a property (unless it is to your spouse) without paying taxes as per normal.
    You will pay CGT based upon an average of 5 similar properties sold in your surrounding area-as selected by the tax department.

    Just been through it 18 months ago...
    Last edited by jokers1974: 15/02/15
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