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
Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
If we do not hit our goal we will be forced to close the site.

Current status: https://keepboardsalive.com/

Annual subs are best for most impact. If you are still undecided on going Ad Free - you can also donate using the Paypal Donate option. All contribution helps. Thank you.
https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.

CGT on property transfer

  • 17-09-2016 10:22PM
    #1
    Registered Users, Registered Users 2 Posts: 26


    Hi everyone. I am hoping someone can help shed some light on a CGT issue for me. Il try keep this as simple as possible but can provide more information as required. I'm am currently in the process of transferring a house I bought with my ex partner (not married) into my sole name (finance approved). The process was near completion until her solicitor mentioned that her client would be liable for CGT due to the transaction and this is delaying things. I am not sure if the transaction gives rise to a CGT liability.. Details as follows: house OMV 265k, (30% affordable discount) purchase price €185,500. Redemption figure (current mortgage outstanding) €166,000, current valuation €200,000.


Comments

Advertisement