I have a question on what happens to property you bring into a marriage.
I have read previous posts on this and the Revenue's guide.
Let's say future husband has a property which will be the couple's PPR and he has been living in this for a few years.
Future wife has her own existing PPR. She wants to keep her own house and possibly rent it out.
1. I know it's relatively straight forward and cheap to add the wife's name to existing PPR of husband.
2. But what about the future wife's PPR? Does the deed need to be changed? Will there be any stamp duty or other taxes?
I have read previous posts on this and the Revenue's guide.
Let's say future husband has a property which will be the couple's PPR and he has been living in this for a few years.
Future wife has her own existing PPR. She wants to keep her own house and possibly rent it out.
1. I know it's relatively straight forward and cheap to add the wife's name to existing PPR of husband.
2. But what about the future wife's PPR? Does the deed need to be changed? Will there be any stamp duty or other taxes?