H howareya Registered User Messages 189 2 Jun 2006 #1 I have rents from abroad and from here in ireland. Can i offset a rent loss from irish rents against profit from foreign rents. Can i offset interest on irish rental properties against the rent on foreign prop's aswell???
I have rents from abroad and from here in ireland. Can i offset a rent loss from irish rents against profit from foreign rents. Can i offset interest on irish rental properties against the rent on foreign prop's aswell???
H Ham Slicer Registered User Messages 463 2 Jun 2006 #2 howareya said: I have rents from abroad and from here in ireland. Can i offset a rent loss from irish rents against profit from foreign rents. Can i offset interest on irish rental properties against the rent on foreign prop's aswell??? Click to expand... unfortunately not. Irish and foreign rents are different classes on income just like you wouldn't be able to offset rental loss against salary.
howareya said: I have rents from abroad and from here in ireland. Can i offset a rent loss from irish rents against profit from foreign rents. Can i offset interest on irish rental properties against the rent on foreign prop's aswell??? Click to expand... unfortunately not. Irish and foreign rents are different classes on income just like you wouldn't be able to offset rental loss against salary.
H howareya Registered User Messages 189 2 Jun 2006 #3 These rents are coming into a company. Does different taxes apply then. Are they both taxed at 25% and both liable to surcharge if undistributed within 12 ?? months
These rents are coming into a company. Does different taxes apply then. Are they both taxed at 25% and both liable to surcharge if undistributed within 12 ?? months