Hello everyone, my mother in law is about to go into residential care and we are considering what to do with her house. My father in law sadly died with alzheimers 6 years ago, and his half of the property was left directly to his 2 children. We completed the relevant transfer form at the time. My question is: If we rent the house so that half of the rent can contribute to care costs, does half of the rental income go direct to the children who pay income tax on it at the time? Can the rental income be dealt with on an annual rather than monthly basis? Or can it be back calculated at the eventual death of parent? Would I need to consult a Solicitor or Financial Adviser to discuss the options? One child is not based in the UK, so there are complicating tax factors.