L
WizardDr said:...then before she moves, she should gear up the borrowings whereby the interest will be deductible against the rent.
I suspect that this is incorrect. See Note 7, Appendix A of the Revenue summary guide to CGT:CCOVICH said:You cannot offset stamp duty against gains for CGT purposes if that is what you are asking.
7. Cost of Acquisition
- Incidental costs of acquisition such as legal fees and stamp duty are allowable as part of the cost.
- ...
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