5
555john
Guest
Hi, Looking for advice on this one:
I want to rent out my home and live in an apartment, but I don't know if this turns my home into an investment property.
My current situation is I bought a property and lived in it for about the last year. I just relocated to Dublin for work where I'm now renting an apartment and and would like to lease out my own property. Does this mean that I would have to pay the back stamp duty on the house at the investors rate (5% I think)?
Anybody done this or framilar with the tax suitation I would be in?
I want to rent out my home and live in an apartment, but I don't know if this turns my home into an investment property.
My current situation is I bought a property and lived in it for about the last year. I just relocated to Dublin for work where I'm now renting an apartment and and would like to lease out my own property. Does this mean that I would have to pay the back stamp duty on the house at the investors rate (5% I think)?
Anybody done this or framilar with the tax suitation I would be in?