eyesgreen_1
Registered User
- Messages
- 95
hi there...ive owned my house for about 8 years..my house presently has an equity of about €70,000 in it..i bought it in 2001 for €106,000..theres €81,000 left on the morgage.. its worth about €160,000 now and im thinking of renting it out...ive read an article which says if i do rent it out when it comes to selling it id have to pay capital gains on it...does anyone know how this works ?...for example would i have to pay capital gains on the any price gain just from when its rented or on its total value as it stands ?..any help on this would be greatly appreciated..many thanks.