lilkaz

Thanks for your reply. My dad gave me the house because he thought I would be able to use it to raise capital to buy a place in France, which unfortunately turned out not to be the case as I didn't have any income in the UK, and also because my sister ended up with my grandparents house. I have a "deed of gift" for the property and I'm sure my dad had the property valued not long before he gave it to me, but I never paid him any money for it, so am not sure if I might be liable to pay tax on the whole sale price of the property.

Hello, I am selling a property in the UK, which was given to me by my dad 3 and a half years ago. I have never rented it - my dad lives there rent free, and I own it outright. I don't own any other property - I rent the apartment I live in in France. I am selling as my dad has now decided to come and live in France - I have lived here for almost 6 years and am in the French tax system. I want to buy 2 small apartments - one for my dad and one for myself, but am worried I might have to pay capital gains on the sale of the house as I don't live in it. Any advice would be much appreciated. Thanks!