Boards.ie uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Click here to find out more x
Post Reply  
 
 
Thread Tools Search this Thread
11-10-2018, 22:15   #1
thebourke
Registered User
 
Join Date: Nov 2006
Location: dublin
Posts: 783
Send a message via Skype™ to thebourke
air b n b in one room out in my house

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?
thebourke is offline  
Advertisement
11-10-2018, 22:19   #2
goldenhoarde
Registered User
 
Join Date: Jul 2007
Posts: 707
Quote:
Originally Posted by thebourke View Post
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
goldenhoarde is offline  
Thanks from:
11-10-2018, 22:46   #3
Samuel T. Cogley
Registered User
 
Samuel T. Cogley's Avatar
 
Join Date: Jan 2017
Posts: 6,427
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.
Samuel T. Cogley is offline  
Thanks from:
12-10-2018, 14:34   #4
Samuel T. Cogley
Registered User
 
Samuel T. Cogley's Avatar
 
Join Date: Jan 2017
Posts: 6,427
Quote:
Originally Posted by D_D View Post
Not true if you remain below the rent-a-room relief threshold of €14,000 per year.

https://www.airbnb.ie/help/article/1...osition?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.
Samuel T. Cogley is offline  
Thanks from:
12-10-2018, 14:35   #5
antoinolachtnai
Registered User
 
Join Date: Jan 2003
Location: Outer Space
Posts: 8,058
Send a message via AIM to antoinolachtnai Send a message via Yahoo to antoinolachtnai
I hope you don’t plan on relying on that advice.
antoinolachtnai is offline  
Advertisement
12-10-2018, 14:37   #6
Spanish Eyes
Registered User
 
Join Date: Jan 2010
Location: Dublin
Posts: 7,944
Air bnb does NOT come within the RAR scheme.
Spanish Eyes is offline  
12-10-2018, 14:38   #7
D_D
Registered User
 
Join Date: Jan 2010
Posts: 216
Apologies, I removed my reply after some further digging. You were just too quick for me...
D_D is offline  
Thanks from:
12-10-2018, 14:40   #8
Samuel T. Cogley
Registered User
 
Samuel T. Cogley's Avatar
 
Join Date: Jan 2017
Posts: 6,427
Quote:
Originally Posted by D_D View Post
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.
Samuel T. Cogley is offline  
12-10-2018, 14:42   #9
Spanish Eyes
Registered User
 
Join Date: Jan 2010
Location: Dublin
Posts: 7,944
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.
Spanish Eyes is offline  
Thanks from:
Advertisement
13-10-2018, 09:56   #10
RasTa
Registered User
 
Join Date: Jun 1999
Location: Jumping from great heights
Posts: 12,337
Do the first night under airbnb, or just tell them to pay cash on arrival.
RasTa is offline  
13-10-2018, 11:19   #11
nox001
Registered User
 
Join Date: Sep 2007
Location: Ireland
Posts: 19,150
Quote:
Originally Posted by Spanish Eyes View Post
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.
nox001 is offline  
Thanks from:
13-10-2018, 11:20   #12
ted1
Registered User
 
Join Date: Dec 2005
Posts: 14,701
Quote:
Originally Posted by RasTa View Post
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.
ted1 is offline  
Thanks from:
13-10-2018, 11:49   #13
nox001
Registered User
 
Join Date: Sep 2007
Location: Ireland
Posts: 19,150
Quote:
Originally Posted by ted1 View Post
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.
nox001 is offline  
Thanks from:
13-10-2018, 12:39   #14
runawaybishop
Registered User
 
Join Date: Apr 2003
Posts: 7,557
Quote:
Originally Posted by nox001 View Post
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.
runawaybishop is offline  
13-10-2018, 13:25   #15
RasTa
Registered User
 
Join Date: Jun 1999
Location: Jumping from great heights
Posts: 12,337
...

Last edited by RasTa; 13-10-2018 at 13:36.
RasTa is offline  
Post Reply

Quick Reply
Message:
Remove Text Formatting
Bold
Italic
Underline

Insert Image
Wrap [QUOTE] tags around selected text
 
Decrease Size
Increase Size
Please sign up or log in to join the discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Share Tweet