I have a query regarding a jointly-owned property with my sister. My sister has pretty much never lived in the property and has not contributed towards the mortgage. First, would your sister be liable to capital gains tax (CGT)? Anyway, the bottom line is that your are selling for less than you bought the property for. On that basis, with no tax due, why would you worry about your sister gifting shares in the property to you, or juggling the shares each of you own?

Source: The Irish Times February 05, 2019 05:59 UTC