property

  1. M

    Divorced Mom- Sell investment property to pay off debt, or keep for early retirement/ kids?

    I am recently divorced. I bought a small 2 bed family home, with need to extend and add another bedroom in a couple of years when children older. As a divorced mom of 2 dependents getting loans/ mortgages more difficult. I have an investment property I am thinking of selling to pay off 37k in...
  2. S

    Query: Selling property at a loss offset of losses vs PAYE

    Hi all I am selling an apartment that we lived in from 2007 to 2013, since then it has been rented out. It will ultimately sell at a loss of ~80k. I am wondering what’s the best way to deal with this from an offsetting perspective. Any help appreciated. If we sell a property in 2021 at an 80k€...
  3. D

    Sites undervalued transferred into company

    Hi, I have come across a case whereby residental sites that are fully serviced were sold under the market value into a private company. Is this legal it seems like it is a case of tax evasion the sites were sold 75% discount on what they are worth. thanks for reading.
  4. T

    Bridging loan alternative for trader-upper

    Hi, I own an apartment worth about 300k. The mortgage is fully paid off. I have about 150k in savings and would like to trade up to a house selling for between 400k and 450k. In the olden days, the typical approach was Put apartment on the market Bid on house If the closing date of the house...
  5. M

    Party Wall Agreement

    Hello My neighbour and I agreed and signed a party-wall agreement so that he could build his extension, and so that I could eventually use this wall, if I wanted to extend. He is now selling. How does this affect things with the new owner? Will the new owner be bound by this agreement also...
  6. P

    Property Signed over to myself in the past

    Hi, I am a resident of Ireland and have been paying employment taxes since 2007. My parent's property which is located in Northern Ireland was signed over to me and wife's name in 2011 (via a solicitor) and estimated value back then was approx €85k - although no professional valuation...
  7. R

    Buying an apartment for when child turns 18

    Hi Askaboutmoney, (Not urgent will see where property prices go[1], act on in a years time.) I am thinking of buying a 2 bed apartment for my son(currently 13 years old)[2] Can I easily put it into his name when he turns 18[3]? I assume when he turns 18[3] he can make use of tax advantages...
  8. K

    Buying a property - Mortgage and cash

    Hi, My partner and I are not married and we just got a property. She has a mortgage approval on her own and I have cash to cover the other half. The idea is that we will go 50%-50% with the property. What's is the best action to take financial wise? Is there anything we should consider? Thanks,
  9. D

    Scam on property for sale on Daft

    I found lots of internet articles on scamming of renters but not much at all on property for sale on Daft. I thought I would never be drawn in by a scammer - I would spot it a mile away - but I was tempted by several emails I received in response to my ad on Daft. There was no bad spelling. The...
  10. S

    Putting Dublin rental property into joint names

    Hi and I'm a new poster and own a rental property (from my family home) which is 100% in my own name with bank mortgage. I live in the UK and trying to understand the considerations to get my property into joint names (50-50) with my husband. The plan is to spread tax since I'm the main earner...
  11. N

    Need advice on property around 200k in dublin

    Hi All, I live in blackrock for few years now but with the increasing rents i have decided to buy a property in dublin instead. However, i see huge gap in pricing when it comes to buying house/apartment in north and south dublin. My budget is around 200K and i have options only o go to north...
  12. C

    Transferring house to ex following divorce

    Hi I was divorced 10 years ago..house was in our joint names and I agreed to transfer sole ownership to my ex as part of divorce. The divorce directed me to transfer ownership. But I never did anything about it so I assume house is still in joint names. My ex is now talking about investigating...
  13. H

    Buying house from parents

    Hi all, Need your help. Myself and my fiance are planning on buying my parents house from them. They had it for sale a couple of months ago and did not reach a sale. We will be getting the house for circa 75k less than what the house was advertised for previously (In my opinion it was...
  14. C

    Pension property investment

    Happy New Year Greetings one and all - thank you kindly for great advice always... I am reading an article ‘pension property investment ‘ in Sherry Fitzgerald’s City & Country magazine - issue 66. Can’t find a link to share it here. Bottom line is that it recommends investment of pension...
  15. M

    Buying a house - surveyor in Dublin

    Hi, I am in the process to buy a house can anyone please recommend a good surveyor? Thank you in advance!
  16. C

    Wexford living - move from Dublin - Nurse

    friend qualified 2 years ago as a nurse (general) - 35 years old- and looking to buy a house. Currently living and working in Dublin. Obviously unaffordable for a single person on €35k. She is interested in Wexford town and environs as an option - work, living, lifestyle and yet within reach of...
  17. C

    Property purchase funding options

    Hi, We have spotted a property that we're really interested in with a price tag of €960k and don't know how or if we could fund It's purchase. The property has a number of complete units with potential rental income of €3k/month and a site that would be developed for our family residence with...
  18. N

    What're the taxes on net rental income?

    Hi, As long as the rental income is greater than rental expenses, what are the taxes involved to net rental income? May I have to be self-employed or something like that? Thanks
  19. D

    33 years old .. Invest savings in rental property?

    Hi, I am 33 years old and have a large lump sum saved up. I am currently working abroad (not an overly secure job) and probably looking to come back home to Ireland in next 2-4 years. I am looking to invest half of the lump some in a cash flow producing asset so when I return to Ireland I...
  20. D

    Inheriting property while parent is alive

    It is the plan from my mother to leave her own PPT and her parents house which she inherited 15 years ago to her 4 children. The value of both houses would be under €1.2m so the €310k allowable threshold per child will not be breached. My brother has lived in the 2nd home for 15 years and pays...
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