If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

tax designated

coolio_64 · 2007-05-01 22:04:39

how much do ya actually save when you see a tax designated area. how does it vary from area to area. how come some areas are designated to avail of these benefits :confused:

Options

01-05-2007 11:04pm

#1

coolio_64

Closed Accounts Posts: 346 ✭✭

Join Date: March 2004

Posts: 231

how much do ya actually save when you see a tax designated area.
how does it vary from area to area.
how come some areas are designated to avail of these benefits

0

Comments

Options
#2 05-05-2007 7:13pm
antoinolachtnai

Registered Users Posts: 9,776 ✭✭✭

Join Date: January 2003

Posts: 9686

It really depends.

In general, if you don't know, it probably isn't for you. It might be worth asking the selling agent.

It only really makes sense if you are BTL'ing and already have the mortgage completely paid off or mostly paid off on at least one existing property.

There are owner-occupier deals, but as I understand it, these are not particularly valuable.

Certain areas have it because they were designated as being disadvantaged and needing development. This was a long time ago.

0