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Son will inherit farm from his father on his death. He will also jointly inherit a farm house (family home). At the moment he would meet the 80% farmer test. However, he & his wife plan to build their PPR on the farm in the near future. Will this count as agricultural property for purposes of 80% farmer test? Father ceased farming a few years ago so is unlikely to get RR if farm is transferred now.

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Posted by (Questions: 87, Answers: 18)
Asked on 12 February 2019 10:44 am
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