G
Guest
Guest
Hi There,
I plus my brother are currently purchasing agricultural land from my aunt for 50K euro.
As far as I am aware we may need to pay stamp duty of 2k euro 4%. Is there anyway we can get out of this ? She is my aunt etc. There was once a house on it but it has not been inhabited for at least 50 years and is now a cowshed. There is a possibility that a house could go on it in the future as there is a right of way to the main road but no requirement at present. We intend to let it.
As far as I am aware, for residential houses, the stamp duty doesn't kick after 127,000 euro or so. Is there anyway I could apply this stamp duty rate ?
any help would be much appreciated.
Schillachie
I plus my brother are currently purchasing agricultural land from my aunt for 50K euro.
As far as I am aware we may need to pay stamp duty of 2k euro 4%. Is there anyway we can get out of this ? She is my aunt etc. There was once a house on it but it has not been inhabited for at least 50 years and is now a cowshed. There is a possibility that a house could go on it in the future as there is a right of way to the main road but no requirement at present. We intend to let it.
As far as I am aware, for residential houses, the stamp duty doesn't kick after 127,000 euro or so. Is there anyway I could apply this stamp duty rate ?
any help would be much appreciated.
Schillachie