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Can turning a property with land into a ltd company and trade as a business to be exempt from inheritance tax?
my fathers house and 24 acres will be subject to inheritance tax when he dies. there are 5 fishing lakes on the land that we could rent out and turn it into a business.if the property and land was put into a ltd company, would it pass to me his son as director of the company, without having to sell everything to pay the inheritance tax?
Looking for property with land, what should I be aware of...?
I want to purchase a property with a house and an acre of lands so I can have a large garden and maybe even build a greenhouse later. I consulted with a realtor, and he said I need to make sure the properties I look at have a functional well and septic tank. I've always lived in residential areas, where everything's provided for you so I am unfamiliar with this type of property.So what should I pay attention to when looking for these properties? And why would I need a well and septic tank can't I just connect to the city's water system? Thanks for your help, any suggestions would be appreciated.

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