Sign up to get our free landlord tax strategies


To receive our seven FREE landlord tax saving strategies just simply complete the form below and the first strategy will be emailed to you immediately.

Sign up to get our free landlord tax strategies

Thank You!

Seven FREE property tax busting strategies reveal the secrets of how to legitimately beat the taxman and boost your property profits!
View All Questions

Can I select a property as my PPR if I haven’t lived in it?

Question

I currently live with my parents and have purchased two investment properties that are currently rented out. Am I able to nominate one of the let properties ay my principle private residence to benefit from the PPR reliefs?

 

Arthur Says

PPR is only available to the owner of a house if he occupied it as his only or main residence.

 

An intention to occupy it is not sufficient.

 

It is not necessary to have lived in it as the only or main residence for all the period of ownership, but for at least part of the period of ownership it must have been the only or main residence.

 

The Revenue say in IR Interpretation 73 that "it is the quality of occupation rather than the length of occupation which determines whether a dwelling-house is its owner's residence".

 

 

Case Study

Landlord Tax Secrets Get our SEVEN FREE Landlord Tax Saving Strategies - Guaranteed To Slash Your Property Tax Bills!
Click here for more.

Got a burning tax question?

Why not submit a tax question to our tax advisors

Ask a Question