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  1. M

    CGT - worth hiring an accountant?

    I’ve been lucky enough to sell a holiday home at an €80k profit. I didn’t do any improvements on the house during the five years I owned it, so nothing can be clawed back there on the capital gains tax. I know I can get back estate agent and solicitor fees, but apart from that I’m assuming...
  2. M

    Tenant overcrowding rented house what to do

    Length of tenancy - Notice that the landlord must give 8 years or longer - 32 weeks (224 days) http://www.citizensinformation.ie/en/housing/renting_a_home/if_your_landlord_wants_you_to_leave.html Works out at close to one month's notice per year.
  3. M

    problems selling property.. (really??)

    My sister-in-law is currently house-hunting in Dublin and she can't get over the difficulty in getting replies from estate agents when she contacts them through Daft. She saw a house advertised in north county Dublin that she was very interested in, it met all her requirements and the price was...
  4. M

    Is it legal for mobile companies to increase contract cost without consent?

    Many thanks for the reply and link, Leo. I see the ComReg page states, alright, that service providers are required to give 30 days' notice re changes to contracts, but it doesn't say what happens if the customer doesn't, for whatever reason, respond - it seems, based on Three's actions, that...
  5. M

    Is it legal for mobile companies to increase contract cost without consent?

    Apologies if there are other threads on this, I couldn't find them. When Three contacted customers back in March about increasing the cost of their mobile broadband contracts by E3, they gave them 30 days to cancel their contracts without penalty. If they didn't hear from those customers they...
  6. M

    Effect of rent controls? Higher rents and reduced supply

    Spoke to an estate agent the other day, he said at least half the properties on his books were landlords selling up. He also told me he put a two-bed Dublin apartment up for rent on Daft - he had 150 replies within an hour. The whole situation is incredible.
  7. M

    Looking to buy a new Apple laptop - suggestions?

    Adecco, You will pay a lot more for an Apple laptop - Apple fans will say it's worth it, PC fans will say it's not (I'm one of the former!). The cheapest MacBook I can see at Apple.ie at the moment is E1,179 - it's the 13 inch MacBook Air with 128 GB storage. I have an earlier MacBook Air and...
  8. M

    Desperately seeking pension advice!

    Hi everyone, I'm embarrassed to say that I know as much about my pension as I do about nuclear physics, I've just been paying in to it through work (we're with Irish Life) for almost 20 years without having a clue. Just recently I had a meeting with a financial advisor from a bank where I was...
  9. M

    Suet balls - where to order online?

    I got a couple of these 'Fruit Flavoured Suet Cakes' at Sports Direct and the birds love them: http://ie.sportsdirect.com/mega-value-countryside-suet-cake-964548?colcode=96454892
  10. M

    Son angry about will, can he hold up everything?

    Many thanks for all the replies, greatly appreciated. The update on the situation, after the solicitor looked in to it, is exactly as Vanilla suggested: "Solicitor doesn't necessarily have to have his pps no. Can get permission from revenue to proceed without as long as they undertake not to...
  11. M

    Son angry about will, can he hold up everything?

    Thank you for the reply Noproblem. As far as I know he hasn't actually launched a legal challenge yet, he's just promised he will, and he has told his brothers he will drag it all out for as long as he can. I suspect he thinks he'll struggle to win his challenge, but delaying it all, even for...
  12. M

    Son angry about will, can he hold up everything?

    This is a strange one (to me any way!). My wife was left a small amount of money by her late uncle which she is very grateful for. It’s nothing life changing, but she was moved to have been remembered by him. She got a letter this morning from her late uncle’s solicitor explaining that...
  13. M

    House of my dreams ... but can't make an offer for a year

    Many thanks Brendan. I can't sell my own home for seven months, that's the notice I have to give the tenants who have been in it for seven years. And the family home, for a variety of reasons, can't be sold for six months or so. So, I won't be in a position to buy again until both are sold...
  14. M

    House of my dreams ... but can't make an offer for a year

    Thanks Gerry. I'm a bit puzzled too by this house, the price hasn't dropped at all in the two years it's been on sale, unlike other houses in the area, and it is definitely overpriced compared to its 'rivals'. I can only assume the sellers are just determined to get the asking price and won't...
  15. M

    House of my dreams ... but can't make an offer for a year

    Thanks Paddy. You're right, I can't afford it at the moment, and I'm sure something similar, or maybe better, will come up again - I just need to learn patience!
  16. M

    House of my dreams ... but can't make an offer for a year

    Thanks to everyone who gave me advice in a recent post (http://www.askaboutmoney.com/threads/selling-house-that-was-rented-out-tax-estimate.200419/). Looking for some more on a different issue. As I mentioned in that post, I intend moving to Galway as soon as I can, but first I need to sell my...
  17. M

    Selling house that was rented out - tax estimate?

    Sorry for the added question, but would it be possible to make a rough estimate on what my profit/loss might be if I sold my house? Bought it for: E282,000 Asking price if sold now: E270,000 Mortgage: E262,000 Total amount repayable over 27 years: E406,000 Average monthly mortgage...
  18. M

    Selling house that was rented out - tax estimate?

    Perfect, thank you Protocol, greatly appreciate your replies and information.
  19. M

    Selling house that was rented out - tax estimate?

    Thank you GG. Again, because I have been renting out my house (the rent never covered the mortgage through the years) I didn't know if that would result in me being taxed on the sale, regardless of profit or loss. Thanks again.
  20. M

    Selling house that was rented out - tax estimate?

    Thank you for replying Protocol. Apologies - I paid E282,000 for the house. Tax fully paid and up to date on rental income, all other charges paid through the years - PRTB, property tax, etc. I'm hopelessly ignorant on CGT, don't know how it's calculated. Is it just on purchase price v sale...
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