A student flat complex in Bulgaria ‘off the plans’?
Oh go on then.
Reppy writes:
“Nothing says “we’re back, baby” like an overseas property show.”
The Overseas Property Show (RDS)
Sponsored Link
Everything. As It Happens.
A student flat complex in Bulgaria ‘off the plans’?
Oh go on then.
Reppy writes:
“Nothing says “we’re back, baby” like an overseas property show.”
The Overseas Property Show (RDS)
any attendees should be investigated by revenue as should the organisers
Sounds costly. Wouldn’t it be quicker to just drown them and seize their assest?
No, that would just make them martyrs to the property developer/banker cause. No, hit them in the only thing they care about – their own greedy pockets.
have yeZ not seen the ads for this theftfest on the telly, annunciated by none other than Duncan Ballantine?!?? (The abrasive womaniser fella out of original Dragons Den)
Bannatyne. If you’re going to potshot, at least get that right.
Exhibit B: http://www.irishtimes.com/life-and-style/homes-and-property/take-5
Does the second home tax extend abroad. Maybe it should…..
I would doubt anyone buying a place in Bulgaria is using it as a second home.
Any gains they make from it will be taxed sufficiently. foreign Rental income, capital gains tax etc
OK, but… ‘capital gains’ is not taxed properly, or enough.
Ah it is.
Any income from the property while held as an asset is liable to tax under Case III, anything gained on it’s disposal would come under CGT
It appears thousands of Irish bought such properties in the boom. You don’t hear any talking about how well that worked out. May as well have burned the cash.
Lets be fair, we all partied. Too Soon?