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

Tax on rental income

Vixter · 2016-01-04 11:24:35

Hi all, I'm hoping someone can advise. I have an apartment on the County Council shared ownership scheme. This means the Council own part of the property and I pay rent on their share. I have been given permission to rent it out. At present I pay approx €500 per month in mortgage repayments and €300 in rent to the Council.…

04-01-2016 11:24am

#1

Vixter

Registered Users, Registered Users 2 Posts: 16 ✭

Join Date: May 2009

Posts: 7

Hi all, I'm hoping someone can advise. I have an apartment on the County Council shared ownership scheme. This means the Council own part of the property and I pay rent on their share. I have been given permission to rent it out.

At present I pay approx €500 per month in mortgage repayments and €300 in rent to the Council. My query is would the rent portion be an allowable expense against tax on my rental income?

Thanks,

Vixter

0

Comments

#2 15-03-2016 8:53am

leprechaunxwwwx

Registered Users, Registered Users 2 Posts: 50 ✭✭

Join Date: January 2010

Posts: 46

Hey Vixter, with not many people on the scheme posting here answers can be few, did you find out any more yourself? what Council was it?

0