{"id":17436,"date":"2016-06-23T13:00:02","date_gmt":"2016-06-23T06:00:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-sell-a-flat-i-own-with-my-brother-but-dont-know-how-to-split-the-profit\/"},"modified":"2016-06-23T13:10:53","modified_gmt":"2016-06-23T06:10:53","slug":"i-want-to-sell-a-flat-i-own-with-my-brother-but-dont-know-how-to-split-the-profit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-sell-a-flat-i-own-with-my-brother-but-dont-know-how-to-split-the-profit\/","title":{"rendered":"I want to sell a flat I own with my brother, but don't know how to split the profit"},"content":{"rendered":"


\nHe moved out after getting married and hasn\u2019t paid a penny towards it for eight years. What would be a fair way of calculating his share?Q In 2005 I bought a flat with my brother. We had a small inheritance from our grandparents and we put this in equally. We both put time, effort and money into revamping it in the first two years. In 2010 my brother got married and he and his wife bought a family home. She had made money on the sale of her flat so my brother didn\u2019t need to ask me to sell at that time. This was partially a kindness as I could stay in the home that really worked for me, and it remained as an investment for him. Our agreement was simple: I didn\u2019t have to sell as long as he didn\u2019t have to pay a penny towards it from the day he moved out. I have covered the mortgage, insurances, maintenance and service charge for the past eight years. We didn\u2019t put anything in writing, which was stupid in hindsight but we didn\u2019t plan for the future. Continue reading…
\n
\nSource : theguardian.com
\nRead more…I want to sell a flat I own with my brother, but don’t know how to split the profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

He moved out after getting married and hasn\u2019t paid a penny towards it for eight...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-17436","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4xe","jetpack-related-posts":[{"id":177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-to-sell-a-flat-thats-rented-out-how-much-capital-gains-tax-will-i-pay\/","url_meta":{"origin":17436,"position":0},"title":"I have to sell a flat that's rented out \u2013 how much capital gains tax will I pay?","date":"November 19, 2015","format":false,"excerpt":"\r I am wondering if I would avoid the tax if I moved back into the flat and made it my main home until it sold Q I bought my flat for \u00a344,000 in February 1997 and lived there alone until February 2011. My girlfriend and I then bought and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-pay-higher-rate-stamp-duty-if-i-keep-a-rental-flat\/","url_meta":{"origin":17436,"position":1},"title":"Will I have to pay higher-rate stamp duty if I keep a rental flat?","date":"November 1, 2021","format":false,"excerpt":"\r My husband and I are planning to sell the house we live in, which is our main residenceQ I bought a flat in 2016 and lived there for a couple of years. 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