Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

From 11 capital allowances

  • 28-10-2011 08:47AM
    #1
    kevgaa
    Registered Users, Registered Users 2 Posts: 322 ✭✭


    Hi Folks,

    I'm in the process of completing my tax return for 2010 and I have a query re the capital allowances on a rented property.

    I know it furniture etc split over 8 years. my issue is around potential carry over.

    I had to do a lot of repairs to my rented property last year and as a result only had a net rental income of 600. I then had capital allowances of 2000 so in essence I made a loss of 1400.

    My question is can I carry over the 1400 to this years return or is that lost money?

    Despite the title it is form 12 I'm submitting..

    Thanks in advance.

    Kev.


Comments

Advertisement