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Yes, BOTH are Principal Private Residences...Thanks!

Thanks! If 'the gift is only the difference in the values' and my parents' house is more valuable than mine, wouldn't this be the better financial route to go down as the CAT would be zero instead of us buying the houses off each other and becoming liable for Stamp Duty ???

Thanks!

Thanks for muddying the waters #TheSimpleLife :confused:

Hi, Looking into doing a straight swap of houses with my parents and want to know how to avoid or minimise the tax owed to Revenue. CAT: I understand if it's treated as a gift both ways, there would be no CAT to pay on my parents' gifting their house to me as the property value is under the...