My son works in the US but wold like to move back to Dublin in next 5 years or so. I read in todays paper a company called Dilosk with be offering BTL mortgages to people overseas for residential properties early in 2017.
He'd be thinking of something like a 300k property, with a mortgage of 200k. Just wondering how the tax is treated on the income while he's letting it? Does he do a return here as well as the US? If not, will US allow the interest relief that is available in Ireland (which will be increasing after the budget)?
Any advice appreciated,
Roy