B banchang Registered User Messages 78 Today at 5:02 PM #1 I'm considering investing in a property with a view to putting it on the rental market. It needs some repairs done before fit to rent out, including new roof. If I incur such costs after buying the house but before first tenancy, are such costs deductible for tax purposes ?
I'm considering investing in a property with a view to putting it on the rental market. It needs some repairs done before fit to rent out, including new roof. If I incur such costs after buying the house but before first tenancy, are such costs deductible for tax purposes ?
C ClubMan Registered User Messages 50,744 Today at 5:06 PM #2 Anything useful here? site:askaboutmoney.com pre-letting expenses - Google Search What expenses are allowed? This page outlines the expenses you can deduct from your taxable rental income www.revenue.ie What expenses are not allowed? This page is a list of expenses that cannot be deducted from taxable amount of rental income www.revenue.ie
Anything useful here? site:askaboutmoney.com pre-letting expenses - Google Search What expenses are allowed? This page outlines the expenses you can deduct from your taxable rental income www.revenue.ie What expenses are not allowed? This page is a list of expenses that cannot be deducted from taxable amount of rental income www.revenue.ie
D DannyBoyD Registered User Messages 2,399 Today at 5:51 PM #3 If its inhabitable, can you do temp repair; let for 3 months, vacate & then do your refurb?
T T McGibney Registered User Messages 6,965 Today at 5:59 PM #4 https://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-04/04-08-11.pdf
https://www.revenue.ie/en/tax-professionals/tdm/income-tax-capital-gains-tax-corporation-tax/part-04/04-08-11.pdf