Hi,
In a nutshell:
Purchased PPR IN 2002. Claimed TRS for the allowable number of years.
August 2011 purchased a run down property to renovate.
Still living in PPR but plan to move into new property when its due to be completed some time this year, and rent current PPR.
Will we be eligible to start claiming TRS on the new property when we move in?
Can't see specifics on this on the revenue website.
Thanks,
Geri.
In a nutshell:
Purchased PPR IN 2002. Claimed TRS for the allowable number of years.
August 2011 purchased a run down property to renovate.
Still living in PPR but plan to move into new property when its due to be completed some time this year, and rent current PPR.
Will we be eligible to start claiming TRS on the new property when we move in?
Can't see specifics on this on the revenue website.
Thanks,
Geri.