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Another option may be for you and your sister to split the assets - one gets the unit and the other the block of land, with an appropriate cash adjustment from the unit owner (borrowing a comparatively small amount should not be difficult). This way you each have an independent asset base. Marg

Has the unit you inherited been put into your and your sister's names? If so, as the part owner of a property in which you reside you will no longer be eligible for the FHOG. On the plus side, you won't be liable for CGT on your half as you reside there. Marg