Kids old enough so wife looking to go back in to workforce. Ive had all our credits on my salary for last decade or so.
If she got a part time job, say for example 200 a week. Does that get hit with full taxes or is there a sum she can earn that doesnt get hit?
House we moved into 15 years ago had a 2 storey extension at the back. So back of house is L shape.
About 3-4 years ago one of the walls started to show a crack in the plaster inside. Just at the join of the original wall at the corner of the L. Where the extension starts. Got a bit...
Brendan youre correct on all fronts, its certainly a trade off between keeping it and paying a little bit more tax on a a lot higher profit at sale time but we're making the risk of assumption that the house prices will retain some growth over say next 4 years until term is up.
It was a...
Moved house in 2005. Like many others Leveraged old house as a buy to let on an interest only so we could purchase our PPR.
Investment property was only going to be a for a short time to facilitate the move but as we all know everything crashed so was stuck with it as negative for long time...
Does anyone know if this has been removed for musicians?
The current list makes no mention of it as a trade where there is a flat rate expense
http://www.revenue.ie/en/employing-people/employee-expenses/flat-rate-expense-allowances/index.aspx
the irish times as recent as 2015 referenced it in...
Small business venture between 2 of us that want to turn a hobby into maybe something more. Small money to start off. Had been using own bank accounts for anything but time to move away from that now so for manageability whats the best way to do this.
A personal joint account?
A business...
The situation is one of life, there would have been very little education or guidance in their lives growing up. Low paid work if any along the way and I know shes not working now.
I get the 2/3 comment now Gordon, thanks for explanation.
"Yet the father left him 1/3 share in the house. It...
Correct. They can not buy him out.
No. It's not his fault she's pregnant. I was putting the situation in context as They do not have means to support themselves when they move out of the house while its up for sale. This is why I'm assuming they were told to apply for a house.
How they...
The daughter and the grand daughter have always lived in the house so I don't understand the 2/3 comment. I know the grand daughter has tax considerations.
The son will not wait, he's pushing for the sale to get his share. Injunction taken out by daughter on the son due to hassle from him to...
Asked for advice. story as I understand it is as follows.
The mother died some time ago. Father lives in the house with daughter and grand daughter. Theres an estranged son. Father dies, leaves the will in 3 names, daughter, grand daughter and the son.
The son sees the will, asks for...
Not for me (I wish), a friend has been paid a sum of money by their parents, parents done well in life through property and are giving their kids money regularly. the parents have been audited a few times (dunno how much, even 2-3 would seem like a lot to me), tax affairs in order.
However...
I went through all this last year.
The spot light covers are Heat displacement. I used ceramic pots from ikea @1e each. with sealant underneath. I had something like 22 spots lights upstairs, at 8e a pop, I think I worked out 10 years+ payback on the return on the energy lost through those...
I'll try to plug some figures into that then, not withstanding the euro changeover, and again keeping maths and dates simple and all expenses notwithstanding.
1st jan 1992 - original price of house 60k - I had half share
1st jan 1998 - I bought other share - market value = 120k
1st jan 2006...
Ive kept figures simple for maths.
Purchased house 1992 with partner at the time : mortgage now 50k
bought partner out 1998 , increased mortgage to do this. mortgage now 100k
2003 married. property still in my name only.
2006 leveraged equity. bought elsewhere and moved - old house...
yes, Ive read this online since posting that while there generally doesnt seem to be any problem getting LA if you have an existing non-life threatening condition, theres a possibility it may be loaded which they'd only find out at application time depending on what the actuaries say after...
Couple I know are renting. They recently married. she used to have part ownership of a house with her sister. the sister bought her share off her when she got married herself. the sisters would have had life assurance with that mortgage.
When she bought her out, her sister advised her...