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Capital Gains Tax

  • 12-06-2024 3:05pm
    Registered Users Posts: 218 ✭✭

    looking at selling a house , been rented out 12 years

    bought for €345000 with €16000 Stamp duty back in 2007

    owe less than €200,000 now

    should sell for €350,000 to 370,000 going by comparitive homes in area

    am i right in saying capital gains tax is only on the profit off the home ? ie bought for €361000 and sell for €370,000 tax liable on €9000 profit ?