If you have purchased a property as a first time buyer and not paid stamp duty and you subsequently decide to start renting it out (say within a year of the purchase), how is the stamp duty due on the property calculated?
Is it based on the value of the property when you start to rent it out or on the original purchase price of the property?
Is it based on the value of the property when you start to rent it out or on the original purchase price of the property?