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Stamp duty on rental properties

Aldaniti · 2019-11-12 20:54:54

Good evening. Can anyone advise on whether stamp duty is payable at the non residential rate if yoy buy a property with tenants who have a year left on their lease and you want to live in the house once the tenants leave? Any advice welcome. Thanks.

12-11-2019 9:54pm

#1

Aldaniti

Registered Users Posts: 14 ✭

Join Date: October 2019

Posts: 10

Good evening.
Can anyone advise on whether stamp duty is payable at the non residential rate if yoy buy a property with tenants who have a year left on their lease and you want to live in the house once the tenants leave?
Any advice welcome.

Thanks.

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Comments

#2 13-11-2019 9:12am

DubCount

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Posts: 1075

AFIK the rate of stamp duty is based on the type of property. If its a residential property, then I would expect residential stamp duty rates to apply. Probably worth checking with accountant/solicitor/Revenue to be sure.

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