Tax Deductions

It can be deducted (over a number of years) against Irish tax you would pay on income from that overseas property.
 
Pre letting expenses are not allowable against rental income as far as I know. Bear in mind that you could also have different/additional tax liabilities in the country in which the property is located.
 
divadsnilloc said:
So, therefore I have to wait until I rent out the property before I can claim any costs?
Click to expand...
This was originally posted a while ago when there was AAM posting probelms. I can't remember what i was going to say now...
 
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