Converting PPR to investment property

pokerhead

Registered User
Messages
31
Hello all,

I would appreciate advice on the following:

My employer has offered me an overseas assignment - at least 2 years out of country.

While I am away I plan on renting out my house and am wondering how much stamp duty I will be hit for.

I bought house as 1st time buyer in 2004 for 155000.

If anyone could advise on amount of stamp duty I would need to pay I would be very grateful.

PokerH.
 
You will pay stamp duty at the rate applicable to investors as at the date of purchase, less any stamp duty paid (zero in your case I presume)

I make it to be 3% of €155,000 (ignoring VAT-stamp duty should be calculated on the purchase price, less VAT, if any).

All explained on the [broken link removed].