Hi All - apologies if this has came up already. Would love some advice on this if at all possible?.
Have just left a company and am bringing a 48K (40.5k from that employer and 7.5k from previous transfer)
Personal situation - have some rental properties but rent myself where I live. Is it feasible to use this 48K within a PRSA and buy a property in Dublin (rent it to myself or family member) and live in it. It would be ideal if I could use this money as a deposit so to speak for the PRSA. I'm sure this is not the ideal scenario for this but legally would I be able to work it?.
Thanks in advance for any comments.
Have just left a company and am bringing a 48K (40.5k from that employer and 7.5k from previous transfer)
Personal situation - have some rental properties but rent myself where I live. Is it feasible to use this 48K within a PRSA and buy a property in Dublin (rent it to myself or family member) and live in it. It would be ideal if I could use this money as a deposit so to speak for the PRSA. I'm sure this is not the ideal scenario for this but legally would I be able to work it?.
Thanks in advance for any comments.
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