Hallo, I am new so would appreciate advice. I jointly own a flat with my wife that I rent (was left to us by my mother 10 years ago). Profit after sale would be approx £50,000 less joint allowance cgt of £20,000 approx (therefore cgt on £30,000). Could I add my 2 daughters(ages 32 and 28) to the ownership of the flat to avoid Capital gains tax before I sell in the future. Many thanks.
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