Hello
My Brother in Law inherited a house in Dublin 35 years ago the house has been rented ever since
My Brother in Law lives in Canada for the last 40 years He was Born in Dublin and was resident in Ireland until he was 27/28 he has paid tax on the rental income from the house here in Ireland
He would now like to sell the property but has no idea regarding the Tax implications or the most tax efficent way to deal with it
Should he come home and live in it for a period of time etc
any advise please or if anyone can point me towards a good Tax consultant
Thanks
Glengar
My Brother in Law inherited a house in Dublin 35 years ago the house has been rented ever since
My Brother in Law lives in Canada for the last 40 years He was Born in Dublin and was resident in Ireland until he was 27/28 he has paid tax on the rental income from the house here in Ireland
He would now like to sell the property but has no idea regarding the Tax implications or the most tax efficent way to deal with it
Should he come home and live in it for a period of time etc
any advise please or if anyone can point me towards a good Tax consultant
Thanks
Glengar