Buying out 50% co-owner of a house in two stages to avoid stamp duty

jryan

Registered User
Messages
37
I have a 50% stake in a house with my brother. The current market value of the property is 300K. I would like to buy him out but not pay any stamp duty. Can i make
the purchase in two steps i.e buy 1/4 @ 75K twice. Has anyone done something similar?
 
Is this your principal private residence or an investment property? If it's your PPR then perhaps there is no SD liability anway if the €150K half share is under the relevant SD exemption threshold. In addition, if SD does apply then transfers between family members are taxed at half the normal rate. Normally structuring transactions mainly or solely just to avoid taxes will fall foul of the Revenue's anti-avoidance rules. If in doubt get independent, professional advice.