“If you provide a home rent-free for your dependent parents, then, for the purposes of capital gains tax, it is considered to have the same status as your principal private residence.”
I bought a house in 1997, primarily so that my parents could retire and live there rent-free, though it was also my home for a time. After about six months I ended up renting a flat in Dublin and was only with my parents at the weekends. I eventually bought a house in Dublin in 2004 and the house in Dublin became my PPR .
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Source: IrishTimes - 🏆 3. / 98 Read more »