Category: Property Purchases and Sales
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The surprising resilience of the property market during the coronavirus pandemic
When the coronavirus insinuated itself into Irish society back in March 2020 I happened to be doing a YouTube live around that time. A frequent question that I was asked from viewers was what was my view of the property market for the remainder of the year. And I answered honestly when I said the…
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Capital Gains Tax on Property Sales-the Essentials
Capital Gains Tax (CGT) arises when there is a chargeable gain on the disposal of an asset. CGT is calculated on the gain on the disposal of an asset. For example, if you buy a house for €150,000 in 2011 and sell for €195,000 in 2020 the tax is charged on the gain of €45,000.…
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Commercial Property Investment-4 Vital Things to Consider
Thinking about buying a commercial investment property? There are a number of factors you will need to consider. Here are four important ones: 1. The tenant The quality of your tenant is critically important because it will determine how sound your rental income stream will be. Having a major retail brand or franchise as a…