A new market for tax relief properties

The days of tax shelters may have passed, but small investors and first-time buyers are still showing interest in tax incentive properties, writes Tina-Marie O'Neill.

4th November, 2012
College View, Ballymun, Dublin 11: the block of 25 apartments is a tax relief scheme and is being offered by Hooke & MacDonald as a single lot at €2.5 million.

At the height of the property boom, it seemed every second person owned a tax incentive property. But while many property tax relief schemes were phased out between 2006 and 2008, some are still available to purchase today.

The property website Daft.ie, for example, has more than 600 active tax incentive properties listed which offer investors an option to reduce their taxable income. Clearly the supply is available, but are investors still interested?

"Some tax incentive schemes...

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