My husband and I are thinking of selling our Rental Property . why ?
. Our tenant is moving out the beginning of May
. The house is 12 years old and coming year s will need repair work
. Tax bill of €3180 this year . €2800 last year .
I called into Auchioneer yest. And she wreckons we get €150k for the property
mortgage outstanding €95k
mortgage repayments per month €800 (€9600 per year )
Rent €780 per month (€9360 per year ) . Could get €900 if we put up for rent again.
The main reason we are selling is because of the tax bill each year . (Nice for some not declaring their tax ) but wondering is now a good time . Will house prices go up in a few year and regret we did not keep it.
Any advise ?.
House is just outside Dublin , meath Border
. Our tenant is moving out the beginning of May
. The house is 12 years old and coming year s will need repair work
. Tax bill of €3180 this year . €2800 last year .
I called into Auchioneer yest. And she wreckons we get €150k for the property
mortgage outstanding €95k
mortgage repayments per month €800 (€9600 per year )
Rent €780 per month (€9360 per year ) . Could get €900 if we put up for rent again.
The main reason we are selling is because of the tax bill each year . (Nice for some not declaring their tax ) but wondering is now a good time . Will house prices go up in a few year and regret we did not keep it.
Any advise ?.
House is just outside Dublin , meath Border