ButtermilkJa
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According to the article, rental income is exempt from tax and CGT is not payable upon disposal of the asset. No mention of SD... or personal property!
Acquiring property directly through your pension fund
Since March 25, 2004,...
I would have thought this could be easily done with valuations, no?Who independently verifies if it was market value if you buy and sell it?
If a stranger bought my house they'd be giving me money too.Secondly you are buying your own house (i.e. giving yourself money) using money which you have avoided paying tax on in the first place.?
I do realise that there are Revenue rules that have to be followed and therefore I would always follow them, as I always do, but I'm just finding it hard to see where the benefit to me is in buying my own property. Other than lining up a buyer myself and therefore avoiding EA fees.there are one or two other minor details like the above which may be an issue for the revenue commissioner!
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