Advertisement
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
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Renting out house

  • 10-04-2008 1:34pm
    #1
    andreac
    Registered Users, Registered Users 2 Posts: 8,000 ✭✭✭


    I bought my house last yr and didnt pay stamp duty and it was 100% mortgage. how long is it before you can rent it out? i know there is some clause that you have to wait so many yrs before you can rent it out.
    thanks


Comments

  • #2
    starky
    Closed Accounts Posts: 103 ✭✭starky


    andreac wrote: »
    I bought my house last yr and didnt pay stamp duty and it was 100% mortgage. how long is it before you can rent it out? i know there is some clause that you have to wait so many yrs before you can rent it out.
    thanks

    I think you have to wait two years to avoid paying it


  • #3
    andreac
    Registered Users, Registered Users 2 Posts: 8,000 ✭✭✭andreac


    thanks for that


  • #4
    YES Finance
    Closed Accounts Posts: 3 ✭YES Finance


    The exemption from stamp duty for first-time house buyers and buyers of certain new homes is currently clawed back if the purchaser rents out the home within 5 years of date of purchase. This clawback period is being reduced to 2 years for all deeds of transfer executed on or after 5 January 2007.

    For deeds of transfer executed before 5 December 2007, if that house or apartment is rented out on or after 5 December 2007, it will not involve a claw-back of relief where this happens in the third, fourth or fifth year of ownership.


Advertisement