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Vacant property tax coming

  • 23-05-2022 1:44pm
    Registered Users Posts: 512 ✭✭✭MakersMark

    Not sure that this will help.

    I am certain that there'll be no protection for landlords forced to rent to rogue tenants.

    So, landlords at the moment:

    Can't choose who they rent to,

    Can't raise rents even if they're way below market,

    Can't effectively evict non paying tenants,

    Can't effectively recover unpaid rent or damages by rogue tenants,

    Can't charge a meaningful deposit,

    Will soon not be allowed a choice as to whether or not to rent their own property.

    Any wonder that rental market backbone landlords of this country are selling up?

    Imagine that the above rules were applied to any other sector.



  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 64,233 Mod ✭✭✭✭L1011

    The DoF have already flagged that this would be ineffectual window dressing; but that has never stopped any Government before.

  • Posts: 0 [Deleted User]

    I think I’m separating from my spouse the week they compile the data. I’ll just check my diary 😂

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  • Registered Users Posts: 2,432 ✭✭✭SusanC10

    Will Holiday Homes be exempt ?

  • Registered Users Posts: 4,429 ✭✭✭Topgear on Dave

    For sure there gonna be a load of kids sent to "move in" to various places on paper.

    I'm sure it'll be easy enough to dodge but the gov wants to be seen to do something, no matter the consequences.

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  • Registered Users Posts: 5,368 ✭✭✭JimmyVik

    Stay in it every Friday after a night on the p!ss. Thats plenty of use. If anyone complains then ask them would they like to dare turn the key in your main house after a few jars on a Friday night with the wife standing in the hallway with the "What time do you call this?" face on.

  • Registered Users Posts: 5,977 ✭✭✭Claw Hammer

    There is no reason why LPT can't be increased where a person owns more than one house and made deductible from rental income. Existing one house owners unaffected, landlords with occupied properties unaffected and people with idle properties caught.

  • Registered Users Posts: 5,368 ✭✭✭JimmyVik

    Great little country we live. NExt you'll be taxed for breathing - oh wait ....

    I love the way they have all the little minions screaming out for increased taxes on other people for all sorts of stuff.

  • Registered Users Posts: 24 gorse

    'There is no reason why LPT can't be increased where a person owns more than one house and made deductible from rental income.'

    Exactly. This has the added benefit of incentivising unregulated cash-in-hand landlords to come into the open.

  • Registered Users Posts: 1,845 ✭✭✭HerrKuehn

    It will also be calculated on a pro rata basis when people are on holidays, including rentals. So, even if you normally live in the house (owner or renter) and you go on holidays for 2 weeks you will be charged 14/365 * daily vacant tax. This is to make it absolutely bullet proof, no loopholes.

  • Registered Users Posts: 3,813 ✭✭✭spaceHopper

    It's all smoke, they aren't enough empty houses to make any significant dent in the housing market but it's a way to not blame the government for building social housing for the last 10 years.

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  • Registered Users Posts: 24 gorse

    90k vacant properties, excluding holiday homes, wouldn't make any dent?

  • Registered Users Posts: 24 gorse

    Some people seem to need an extra incentive to sell. If there weren't so much hoarding, this tax wouldn't be needed.

  • Registered Users Posts: 1,670 ✭✭✭Mr. teddywinkles

    Whoes paying for bringing all these vacant houses up to a livable standard.

    I'm assuming they are mostly in disrepair.

  • Registered Users Posts: 17,065 ✭✭✭✭Donald Trump

    But does absolutely nothing for the common scenario where a couple had bought their own houses when single and later moved into one of them together.

  • Registered Users Posts: 1,670 ✭✭✭Mr. teddywinkles

  • Registered Users Posts: 17,065 ✭✭✭✭Donald Trump

    "Use it or lose it" I suppose. Property is a controlled commodity (for want of a better phrase). So they have to have rules and policies regulating it too.

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