Sell home to finance two apt.

[SDMXTWO]

Basically live in house worth 350k. looking to sell to buy an apt so we have a base in ireland, but also to buy apt in France where we want to spend some quality years. Both 60yrs. What would gov take off us in the house sale.

 

[Dave Vanian]

If the house you're selling has been your primary residence (your home) for as long as you've owned it, then there's no tax to be paid on its sale.

 

[SDMXTWO]

If the house you're selling has been your primary residence (your home) for as long as you've owned it, then there's no tax to be paid on its sale.

Thanks for that, was'nt sure if there was some form of tax taken.

 

[noproblem]

Just make sure you're up to date paying your property tax, or the solicitor will retain the amount due. Might also have a fine to pay. If you're up to date, it's happy days. Be careful with buying property in France, inheritance laws are not the same as here should one of you kick the "bouquet".