BTL , adding additional person

Hello

 

A father has a flat on a BTL mortgage. He is looking to add his son to the mortgage and give him 50% share of the property and rental income.

Flat Value is £300k, mortgage left £177k

What are the tax implications relating to CGT for such a scenario? 

Thanks in advance for your help.

Manzar

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It's Not Just The Mortgage

should_be_working |
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CGT

Novakova |
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