thebourke Registered User
#1

i own my own house...and am thinking of air b n b ing one room out ...do you have to pay tax..if so ..how much roughly?

goldenhoarde Registered User
#2

thebourke said:
i own my own house...and am thinking of air b n b ing one room out ...do you have to pay tax..if so ..how much roughly?


Less hassle to rent a room

Up to 14000 is tax free


Granted the money might not air b n b money but less work

Also location will be factor plus transport etc around your house

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Samuel T. Cogley Registered User
#3

You'll pay roughly 50% tax as a rule of thumb. So for every €1 you'd make with RAR you'll have to make €2 with AirBnB. Plus you'll have to clean the bedroom every new visit with clean sheets etc. Really not worth the hassle.

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Samuel T. Cogley Registered User
#4

D_D said:
Not true if you remain below the rent-a-room relief threshold of €14,000 per year.

https://www.airbnb.ie/help/article/1122/rent-a-room-relief--ey-summary-of-technical-position?ibbe=1

However, once you go above the threshold, the entire amount is taxable.



AirBnB income is not exempt under RAR rules AFAIK. I thought this was clarifiesd recently? RAR could not be short term lets.

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antoinolachtnai Registered User
#5

I hope you don’t plan on relying on that advice.

Spanish Eyes Registered User
#6

Air bnb does NOT come within the RAR scheme.

D_D Registered User
#7

Apologies, I removed my reply after some further digging. You were just too quick for me...

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Samuel T. Cogley Registered User
#8

D_D said:
Apologies, I removed my reply after some further digging. You were just too quick for me...



Sorry, Boards is playing up for me I thought your post was gone due to Gremlins.

Spanish Eyes Registered User
#9

My sister has a spare room. She takes in lodgers under RAR scheme.

She is a savvy so and so, and only rents the room on a month's trial. So if it doesn't work out, the lodger is out.

I have to admire her cojones on this. But as she has pointed out, lodgers do not have tenant rights and they must conform to HER rules (with a bit of give and take), otherwise they are given a weeks notice. Works so far for her.

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RasTa Registered User
#10

Do the first night under airbnb, or just tell them to pay cash on arrival.

nox001 Registered User
#11

Spanish Eyes said:
My sister has a spare room. She takes in lodgers under RAR scheme.

She is a savvy so and so, and only rents the room on a month's trial. So if it doesn't work out, the lodger is out.

I have to admire her cojones on this. But as she has pointed out, lodgers do not have tenant rights and they must conform to HER rules (with a bit of give and take), otherwise they are given a weeks notice. Works so far for her.


She doesn’t need to give them a months trial, she can kick the out instantly if she feels like it as they are licensees.

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ted1 Registered User
#12

RasTa said:
Do the first night under airbnb, or just tell them to pay cash on arrival.


That’s tax evasion and illegal.

Not allowed to give such advice on boards.

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nox001 Registered User
#13

ted1 said:
That’s tax evasion and illegal.

Not allowed to give such advice on boards.


Maybe so but that’s how it works. For example any b&b I have stayed in recently asked on check out that if I was looking to stay there again to ring them directly for a cash price rather then using hotels.com or booking.com etc and I will be doing so too.

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runawaybishop Registered User
#14

nox001 said:
Maybe so but that’s how it works. For example any b&b I have stayed in recently asked on check out that if I was looking to stay there again to ring them directly for a cash price rather then using hotels.com or booking.com etc and I will be doing so too.


That's more to do with cutting out the booking sites comission.

RasTa Registered User
#15

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