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Thanks for the reply! You are correct that we did occupy the house as our PPR for the same amount of time as we rented it out (6 years living there, 6 years renting out) so I will apportion the loss at 50%. And yes it was a Celtic tiger purchase (in the dying embers) and good point about adding...

Hi, I jointly owned a house with my spouse and am now doing the CGT return for it (we rented it out for the last few years of ownership). On the ROS form 11, for Total Considerations of Disposals, do we each put the total sale value and then under gains/losses put the individual portion of...

Hi, I sold my (non-PPR) house in 2019 for a loss and I never filed a CG1 form (don't care about carrying losses forward, I'm unlikely to live in Ireland for the foreseeable future). Is there a penalty for late filing of this form in this case? My Form 11 was filed and tax paid as appropriate...

I live overseas and I had rental income in Ireland in 2019 so I'm filing a Form 11 for 2019. I sold the property during 2019 so for 2020 I am 100% certain that I will have no income in Ireland - do I still need to pay preliminary tax for 2020? Thanks.

I don't think you get 3300 tax credits, I think it's only 1650 if you are non-resident. As mentioned above the actual amount of tax credits is based on the proportion of your worldwide income compared to Irish income. Revenue have a couple of examples...

In Canada you can work for a foreign company while there on visitor status so long as they don't have any Canadian clients or offices.

Thanks! In this case can I use the exemption that my property is classed as PPR for 2019 given that it sold in 2019.

In 2008 I bought a house for c. 300,000. It was my PPR until 2015. In 2015 I emigrated and rented the house out until 2019. When I emigrated in 2015, I estimate the house was worth c. 170,000. In 2019, the tenants left and I sold the house for c 240,000. Am I entitled to claim a capital loss of...

My advice would be don't do it unless you have to (e.g. negative equity). Cards are stacked against landlords right now and more regulations are coming down the line.

I got a few quotes a couple of years ago and most of them were 4% for rent collection and 4% for management fee (so about 1 mont rent).

The credit expired at the end of 2017 and you can only claim going back 4 years https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rent-credit/index.aspx

I have a house rented to HAP tenants. Does anyone know if there's any schemes under which the council would purchase my house? House is in Kildare. Thanks!

I've had HAP tenants since it first became available in 2015/6 (can't remember exact date). Just had first inspection, only items of concern were gas boiler service and CO alarms. I ordered 3 CO alarms from Amazon for 45 euro and arranged that boiler service so that should be that hopefully...

Hi, I have an Irish Life mortgage protection policy. I took it out while still resident in Ireland. About 6 years after it was taken out, I moved overseas and became non-resident. Does anyone know (in general) if becoming non-resident invalidates this policy? The mortgage is on an Irish...

As far as I am aware, a fixed lease benefits the tenants as they have complete security of tenure (assuming they keep up to date with rent etc..) so a house sale has no impact on their tenancy and a landlord can't move back in. Whereas with part 4, they can be asked to leave for one of these...

Thanks! Yep all charges up to date, this is my second year of returns, first year was covered by my employer as part of relocation package.

Thanks for the reply. It has gone up to six years for tenancies created after December 2016.

Hi, I started renting out my house in 2014. The initial lease was for 12 months. This tenancy was registered with PRTB. In 2015 towards the end of the fixed term, the tenants asked for another fixed lease for 12 months (presumably as they wanted some security of tenancy). I agreed to this. I...

I live in Canada but have a house rented out in Ireland. I'm looking for an accountant who would be able to help with submitting Form 11 for 2016. Thanks

Does anyone know what the LA requires for "Proof of ownership/entitlement to act as landlord of the property" assuming the property has a mortgage on it? Thanks!