Brendan Burgess
Founder
- Messages
- 52,473
No clawback but obviously you cannot continue to claim it when you cease to be an owner occupier.
In effect - yes. You can claim FTB rates of relief for 7 years in total and normal rates thereafter - on any owner occupier PPR mortgage/property. Obviously you can only have a at most a single PPR at any one time.If you rent out your property (bought as a first time buyer) and buy another property as owner occupier. Does your TRS transfer to the new mortgage?
Not by my reading of the first post.If I bought a house in 2004 as a FTB and if I now rent it out, will I be liable to SD clawback
Yes, but not automatically.If you rent out your property (bought as a first time buyer) and buy another property as owner occupier. Does your TRS transfer to the new mortgage?
Not by my reading of the first post.
Unfortunately not. It looks as though any refunds available will be confined to claw-back / stamp duty paid only from November.Hey All.
I rented out my PPR after 2 years & 4 months of owning it. We paid €14k in August of this year to Revenue for the claw back.
Am I able to get any of this back now?
Cheers
The date the clock starts ticking from, AFAIK, is the close of the purchase not the initial signing. So be careful not to confuse the two.i signed for my apartment in feb 2007 and am a FTB, does this mean i just have to wait till feb 2009 before i cant rent it out before having to pay the stamp duty?
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