L
lilone
New Member
Lets start from the begining, my Dad died 8 years ago he lived in Thialand at the time in a propery he had bought, which then got left to me and my two brothers.
Being so young at the time we never had to deal with anything, family and solicitors sorted everything for us, a man from London living in Thialand who my Dad got to know very well is looking after the condo, renting it out, he keeps the money made to keep the upbringing of the condo.
Now I have been told after 10 years of looking after it he can claim the property, I have also been told off family its very corrupt in Thiland that we have sold the condo once before but the money went missing an the sale didnt go through.
Can anybody advise me on the best thing to do here? Keep the property and rent it out myself, sell it??
I have read on the internet if its inheritance you get taxed 50% on it when you sell, and have been told its only worth about £10,000. That means we come out with less than 5 then pay all the solicitors fees, then split between 3 of us, is it worth selling? Will i have problems trying to sell from over here? Will i need to go over there?
Time is running out now its 9 years in June!
Any advice is great thanks.
Being so young at the time we never had to deal with anything, family and solicitors sorted everything for us, a man from London living in Thialand who my Dad got to know very well is looking after the condo, renting it out, he keeps the money made to keep the upbringing of the condo.
Now I have been told after 10 years of looking after it he can claim the property, I have also been told off family its very corrupt in Thiland that we have sold the condo once before but the money went missing an the sale didnt go through.
Can anybody advise me on the best thing to do here? Keep the property and rent it out myself, sell it??
I have read on the internet if its inheritance you get taxed 50% on it when you sell, and have been told its only worth about £10,000. That means we come out with less than 5 then pay all the solicitors fees, then split between 3 of us, is it worth selling? Will i have problems trying to sell from over here? Will i need to go over there?
Time is running out now its 9 years in June!
Any advice is great thanks.