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Unregistered said:we sold our house 5 and learned a valuable lesion about buying when someone else (parents) think your ready.
WizardDr said:This is Revenue's view of FTB :
Who is a first time buyer?
A first time buyer is a person, (or, where there is more than one buyer, each of such persons): who has not on any previous occasion, either individually or jointly, purchased or built on his/her own behalf a house (in Ireland or abroad) and where the property purchased is occupied by the purchaser, or a person on his behalf, as his/her only or principal place of residence and where no rent, other than rent under the rent-a-room-scheme, is derived from the property for five years after the date of the current purchase.
WizardDr said:Mind you I think the Revenue are total cads on this one, particularly if anyone lived in poor accommodation e.g. a 'flat' in Bulgaria which the state gave you..means you fall foul of this.
Are there many Irish house purchases who were previously given flats by the Bulgarian state?WizardDr said:Mind you I think the Revenue are total cads on this one, particularly if anyone lived in poor accommodation e.g. a 'flat' in Bulgaria which the state gave you..means you fall foul of this.
I must highlight the deviousness of Revenue on this one.
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