colin_hanley
Registered User
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Hi, myself and girlfriend are in the processing of applying for mortgage/buying a new house in Dunboyne. She currently has a house and is considering holding on to it and renting it. She bought the house 3 years ago. Can anyone explain the tax implications on this. I know she will have to pay tax on her rental income, but from reading some of the post on AAM, I can see mention of Stamp duty clawbacks etc. Does this mean she has to pay the stamp duty she didn't pay when purchasing the house ? Will this be stamp duty on the original sale price ? Will she have to pay it as soon as she rents it or if she sells it in the future ?
Sorry about the amount of questions.
Thanks,
Colin
Sorry about the amount of questions.
Thanks,
Colin