Getting Married and have 2 PPR Need advice on the tax implications

[-Gal1]

Getting Married in approx 10 weeks and have the following situation.
Him PPR = House bought for €260K 2 years ago, currently valued at approx €320k, Mortgage €220k on AIB Tracker ECB+ .75 (35 years) (TRS for the last 4 Years @ €166/month)(No Rent a Room)
Her PPR = Apartment bought for €180k 4 Years & 7 Months ago, currently valued at €300k, Mortgage €170k on UB Tracker ECB + .75 (35 Years) (TRS for the Last 4 years & 7 Months @ €166/month) (Rent 2 of the 3 Rooms for a total of €680/month)
Plan is to update deeds from both properties to include both names and update mortgages to both names, it is also planned that we will live in my PPR and rent out the apartment full time for approx €900/Month as a registered Landlord (Maintenance fee on the Apartment is €1350/year)


Questions
1. Will she be caught for Stamp Duty and if so, How Much ?
2. Will she be liable for Capital Gains Tax if so, How Much ?
3. Can she transfer her TRS over to her new PPR and if so how much will we get as a couple based on the mortgage ?
4. Getting €900/month on the apartment will we be liable for any tax on a yearly basis and if so approx how much ?
5. Do we need to inform UB of the change in status of the property from PPR to Rental and if so will there be implications in relation to the rate applied?

Thanks in advance for reading the post and for any information posted back in relation to the proposed plan and the questions posted.
Regards
The Future Mr & Mrs -Gal1

 

[ClubMan]

1. Will she be caught for Stamp Duty and if so, How Much ?

No - she has owned it for more than 2 years so no SD clawback if rented out.

2. Will she be liable for Capital Gains Tax if so, How Much ?

Covered loads of times before but basically - say the property is owned for 9 years, PPR for 5 years and rented out for 4 then (4-1)/9 = c. 33% of any total gain over the period of ownership is assessable for CGT.

3. Can she transfer her TRS over to her new PPR and if so how much will we get as a couple based on the mortgage ?

Yes. A married couple both qualifying for the "FTB" initial 7 years of preferential relief can claim relief on a maximum of €20K interest or on the actual interest paid if less than that. If either or both spouse has used up their "FTB" 7 year preferential relief period then lower limits on qualifying interest will apply.

4. Getting €900/month on the apartment will we be liable for any tax on a yearly basis and if so approx how much ?

See the Property Investment forum, FAQ, key posts and many existing threads on this sort of "PPR to investment property conversion" question.

5. Do we need to inform UB of the change in status of the property from PPR to Rental and if so will there be implications in relation to the rate applied?

Check the terms & conditions of the loan agreement. There are other implications such as mandatory registration with PRTB, need to non owner occupier insurance etc. These issues are all covered in the places mentioned above.

Get professional advice if in doubt about anything.