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Tax

  • 24-02-2025 04:24PM
    #1
    06608124
    Registered Users, Registered Users 2 Posts: 152 ✭✭


    Hi

    I am looking for some guidance on tax ( and life :L ). I have a house in Dublin,l have good equity in it, mortgage remaining of circa 90k and would hazard an educated guess that it's valued at 330k, was lucky to buy in 2014.

    My mother lives alone in mayo and looking to buy closer to her, maybe in co galway and not too far from the city. Given my girlfriend can not contribute much financially / save for a pension I am looking at fair ways to drive value for us both so that we can think of kids. She is mexican and just got her stamp1. She also seems to have to help her family financially as her 60 year old parents have decided not to work!. He other sisters help a little too.

    Should I sell my house in Dublin, take the cap gains tax free gain or try to keep the house, save as much as possible and buy a lesser house in galway while enjoying the rent from my house in Dublin.

    I know there is alot of guessing work in this for those responding, however, all thoughts welcome, it's why I put it here. Please let me know what isn't clear. Hopefully it's clear that my plan is so unclear to myself that I put this here for input. Thanks boards.

    Tagged:


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