Tuesday December 1, 2020

Tax on an investment property

I bought a second-hand house about three years ago for €190,000. Dilemma:

1st October, 2005

I bought a second-hand house about three years ago for €190,000. Dilemma:

At the time, I paid no stamp duty on the property, as I was a first-time buyer and was below the stamp duty threshold.

I now want to rent out this property, as I am buying and moving into another home. The value of the property I purchased as a first-time buyer is now €350,000.

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