Iht

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    Iht

    It is my understanding that the Inland Revenue view buy to let as a business, my question is that I have a small number of rental properties owned and mortgaged in joint names with my wife on a joint tenants basis, what are the IHT implications when one of us dies? I have set up a limited company and need to know how to transfer these properties to the limited company to avoid future IHT. Any advice would be appreciated.

    #2
    Please repost on TAX FORUM.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

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      #3
      Will do, Thanks.

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