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Gifting house to children, costs involved

Got2TurnAround · 2016-10-07 18:37:23

Hi, if I were to transfer ownership of my house (PPR) to my children. There is no mortgage on the property. I am asking questions regarding CAT/CGT on the Taxation forum but it looks like neither is applicable in my case. I am just trying to calculate other costs. So far I have Solicitors fees: €3,000 Stamp duty: 1% of…

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#32 14-10-2016 4:51pm
webpal

Registered Users Posts: 1,293 ✭✭✭

Join Date: January 2010

Posts: 1175

Is the tax applicable then if the children's PPR also? I might be wrong but I dont think its applicable if its the childrens PPR for over 5 years.

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