C
canadabound
Guest
Hi there.
Just looking for a bit of advice. My wife and I will soon be moving to Canada, however, we bought a new house two years ago for €335k. I was under the impression that we could rent it after two years without any backlash, tax, stamp duty, that sort of stuff. Ideally we'd sell the house but in our wisdom we got a 100% mortgage and obviously selling now would be a disaster (and probably impossible).
Anyway can someone tell me if I CAN rent my house and what the implications would be.
Thanks in advance
Just looking for a bit of advice. My wife and I will soon be moving to Canada, however, we bought a new house two years ago for €335k. I was under the impression that we could rent it after two years without any backlash, tax, stamp duty, that sort of stuff. Ideally we'd sell the house but in our wisdom we got a 100% mortgage and obviously selling now would be a disaster (and probably impossible).
Anyway can someone tell me if I CAN rent my house and what the implications would be.
Thanks in advance