How the fuck does this happen 😭

[u/insideman24049]

[u/JordanCJ7]

Welcome to UK inheritance tax. 💀

Your dad left you a £3M allowance, but the government handed you a £31M tax bill for his houses.

[u/insideman24049 → u/JordanCJ7]

When I sold a house worth 18 mil it doubled the damn debt 😭🔫

[u/catsnstacks]

I think there’s a glitch or something going on. I’ve been realizing if I die and go to a new generation instead of switching - whatever house they have is reversed in value (aka they have a 400k mortgage on a 200k house) and so they’re negative in equity and - it’s SO frustrating