Pay now, cash in later - but is it worth it?
Carol Tallon Talking Property: Some homebuyers are overpaying today to avoid capital gains tax in seven years' time. Is this a gamble too far?
Last week, auction giant Allsop Space filled the RDS in Dublin with ready buyers and investors as it staged its 17th – and most successful – property auction since venturing into the marketplace in 2011.
I have always valued these auctions, as they were the first of their kind to offer a high enough volume that they could be used as a snapshot of a significant portion of the market.
From 2011 to 2013, cash transactions...
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