SELLING THE FAMILY FARM/ASSETS (STEP 3)

DISCUSS TAX IMPLICATIONS WITH YOUR ACCOUNTANT

Once the sales advice has been obtained and estimated realization prices established, we recommend that a vendor discuss the tax implications of selling the property with his / her accountant.

It is very important that these factors are considered before a sale so that;

• No surprise expenses arrive at a later date.

• You are fully aware of all costs from the outset.

Clive Kavanagh, MSCSI, MRICS is a Director of Jordan Auctioneers & Chartered Surveyors who has been involved in the sale of agricultural land and country properties for the last 18 years.

T: 045–433550

E: clive@jordancs.ie