Hi All
I'm just wondering if any landlords out there have availed of the 10k tax deduction and what they did to avail of it.
I wanted to upgrade the door in the house (bit draughty) and went looking for grant information in case there was anything available.
Realistically I don't want to spend a lot of money unnessarily but I've a long term tenant there and if I can make the house more comfortable without spending too much money I should really consider it.
Its a mid terrace house so I assume its something like:
Windows 10k - Grant €1800
Doors 5k - Grant €1600
Attic Insulation - Grant €1200
Cavity pumped insulation 2kish?? - Grant €800
So back of a barmat costs say €20k. Minus SEAI grants of €5400. Do people think my numbers are reallistic?
I only charge less than 10k for the annual rent though so am I right in thinking that I can only claim the 10k in one year and therefore won't get full use of the tax deduction?