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    Selling Rentals - Tax treatment of expenses incurred while property is vacant

    Thought as much - such a farce of a situation. Its a huge lump when all added up. 6 months to close the 1st sale. Looking at 3 to 4 months each on the rest, bar one that is looking like closer to 18 months. It wouldnt be so bad if you could rent them out for a couple of weeks while everything...
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    Selling Rentals - Tax treatment of expenses incurred while property is vacant

    Hi all. I've been unable to find how to treat expenses incurred on rental properties I am selling while the property is empty during the sales process. eg, insurance, mortgage interest, block management fees, gas and electricity. It comes to 600 to 900 per month depending on the property. They...
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    Outstanding Mortgage Balance seems wrong

    Thank you. so when my initial interest rate of 4.8% was in play I was paying less capital, resulting in a larger outstanding balance now? This balance is currently 10k higher which begs the question when are they going to hit me for it??
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    Outstanding Mortgage Balance seems wrong

    I Have a tracker mortgage but the balance seems off so looking for reassurance. Never missed a payment, infact never had any contact since draw down, apart from annual statement Borrowed 355k in sept 2006 - 1st repayment Oct 2006 Current rate 1.68% - Not sure if the rate has an impact on what...
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    Capital Gains Tax - UK property

    Thank you Jon That is the best result I could have hoped for. I had seen that document, but had dismissed the example because it referred to shares.
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    Capital Gains Tax - UK property

    Thanks Marc, I was aware of the UK element, the agent I spoke to said it would be about £5300. The Euro cost of the property in 2000 would be c. €98000 which equates to a gain of €16k due to currency movement. But if the calc is done in sterling the gain is c.£40000 or €46,400 when changed to...
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    Capital Gains Tax - UK property

    Not really sure how to calculate potential CGT on a UK property I have The Facts: Bought in 2000 for £60,000 (£500 legal fees) Stg Euro rate on the day 0.61 Lived in the property for 2 years then returned to Ireland Has been rented since (fully tax compliant) Current Value £100,000 today (sale...
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    Dublin Looking for a Financial Advisor / Financial Review

    Not even a discussion, once the Neg equity issue is mentioned the shutters come down.
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    Dublin Looking for a Financial Advisor / Financial Review

    Thanks Salmon9077 to say what I have is disorganised is an understatement. Some of the things I have money tied up in would make you cry with laughter. I know it cracks my friends up. I'm bad with money - hence every time I got a few quid I invested it to put it out of easy access. I think...
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    Dublin Looking for a Financial Advisor / Financial Review

    89 view and not one opinion. Am I seeking the impossible or looking for something that doesn't exist, or worse am I a hopless case :-(
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    Dublin Looking for a Financial Advisor / Financial Review

    Hi All, Firstly I'm not loaded, so I don't need a wealth Manager. But I do have some assets, but they are all over the place financially. I'm in negative equity on my home, and do need to move medium term, family bigger than the property can handle. I do have a couple of buy to lets...
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