a wee question

[krabik]

a wee Q for ye all?


say I buy a second house here ( am not planning to btw no as a public servant anyways ) and its being sold as no stamp duty for owner occupier... does that mean if i move frm my first house into this one i dont have to pay any stamp duty? I thought then that it might be seen that i am an investor???

AM i liable to pay anything on the first one if i then rent it out as i live in the second one?


many thanks


kk

 

[Cayne]

Stamp duty is payable on the second house as not a FTB.

If first house bought within 2 years then stamp duty clawback applies if you rent it out, as well as tax on any rental income.

Had to read your post about 5 times to understand what you meant! Still not 100% sure!