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    LPT on property in multiple units

    My query is regarding units that are suitable for use as dwellings in their own right. Revenue say this: The strict legal position is that any self-contained dwelling, such as a granny flat, is treated as a separate residential property that will incur a separate LPT liability. However...
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    LPT on property in multiple units

    Can't see anything on definitive on revenue.ie bar talk of "granny flats". I was convinced it was per property when I filed the 2013 LPT return but as I've seen no clarification from revenue in the meantime, I'm not so convinced now. NPPR & HC charges were clearly per unit - LPT charge seems...
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    LPT on property in multiple units

    Can anyone confirm whether LPT is payable per property or payable per unit of property? The property in question has only 1 title and the units could not be sold as individual units as it currently stands. NPPR for 2013 was paid on the individual units but only 1 LPT charge paid. Liability is...
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    FAQ Property Investment FAQ - Needs to be updated

    It shows up in your LPT record as Household Charge arrears, even in some cases where the charge was already paid. Tax payers should check their LPT record to ensure paid charges are not appearing as o/s in error. If the HC was paid prior to 01.07.2013, request an email receipt from...
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    FAQ Property Investment FAQ - Needs to be updated

    This was my understanding too - 1 title equals one charge - but can't find this on revenue website. The property in question was purchased in 2013 - paid one stamp duty but is in multiple units(would not be possible to sell separately until management company set up and separate legal titles...
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    Section 23 - Urban renewal

    Thanks Knuttell, that seems to sum it up alright!
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    Section 23 - Urban renewal

    I accept your points fully. But using the example of the fictional Longford property, and assume that it had €240k of S23 when bought by the previous owner in 2006. If it's re sold now, Revenue claw back all S23 reliefs claimed by the previous owner, so is there not a chance that the new...
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    Section 23 - Urban renewal

    Thanks Joe_90. So there is definitely no way you can purchase a new or secondhand property and avail of S23 relief that was higher then the purchase price and any EA's that say different are completely wrong?
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    Section 23 - Urban renewal

    Looking at purchasing a secondhand Urban Renewal apartment with S23 relief. EA says approx €200k qualifying expenditure available for S23 relief. My query is: If I was to pay say €60k for it, can I avail of the full €200k relief or is it based on a percentage of the purchase price? Can't find...
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    German Property

    Cheers - that is from the Irish tax point of view. I was more wondering about what liability, if any, i would have to the German Tax authorities.
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    German Property

    Just a quick question on CGT. If I bought an apartment tomorrow (as an individual) for 50K and sold in in three months time for 60K, what CGT would i pay. Would anybody have a link to a table on CGT. Thanks
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    German Property

    dontaskme, cheers for that, sounds interesting
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    German Property

    Dontaskme, My understanding is that to incorporate a GmBH, you need €25k share capital and costs about €3k. I don't know what to expect for annual running costs, or winding up costs. The Ltd is cheaper to set up, with no share capital injection, but don't know if its a viable option both...
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    German Property

    San Martino, We have got some professional tax advice, but with CGT in Germany due to change, and talk about the introduction of double taxation agreements on CGT by the Irish revenue commissioners, its all a bit up in the air. My understanding is the that one of the downsides of Company...
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    German Property

    We are looking to purchase a property in Berlin, and intended to purchase it through a GmBH. The main reason for this is as their is 4 of us involved, we thought this ownership vehicle would facilitate a more tax efficient, and easier exit strategy. Is there any obvious downside to owning the...
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    German Mortgages

    Thanks for that. Please pass on the name of the broker. Also, has anyone had any experience of dealing with the brokers Interhyp?
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    German Mortgages

    Can anyone recommend a German bank that would be interested in financing a property purchase of circa €1.5m in Berlin. Most banks I've contacted are only interested in portfolios over €2.5k. Any comments appreciated
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