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

Quick question re expenses for maintaining a property and writing it off

Options
  • 22-01-2020 11:57am
    #1
    bellylint
    Registered Users Posts: 230 ✭✭


    howdy,
    So my sis is an accidental landlord and has a property. A letting agency manage the place. The agency look after any maintenance issues etc. These costings and the agency fee get taken out at source before my sis gets the rent.
    Given this structure, can she claim the expenses and agency fee against her tax bill?

    Hopefully it is simple enough answer one way or the other.
    Cheers!


Comments

  • Options
    #2
    HcksawJimDuggan
    Registered Users Posts: 394 ✭✭HcksawJimDuggan


    Yes she can claim the maintenance costs and agency fees but it is also worth noting that it is the Gross rent before deduction of these expenses that needs to be reported as her income from rental and not the amount she receives in to her bank account.


  • Options
    #3
    bellylint
    Registered Users Posts: 230 ✭✭bellylint


    HcksawJimDuggan wrote: »
    Yes she can claim the maintenance costs and agency fees but it is also worth noting that it is the Gross rent before deduction of these expenses that needs to be reported as her income from rental and not the amount she receives in to her bank account.

    Thanks for that


Advertisement