B
bryank706
Guest
Hi all,
I have rented my house out since Dec 2010 and am due to do my tax returns by 31st Oct 2012.
I was just wondering, my mortgage on the house is 710 euro per month and i am getting 565 euro per month rent so i am making up the rest 145 per month out of my own pocket.
As i am making no profit on the rental will i be hit with a tax bill.
Any info would be good as i haven't got a clue.
Kind Regards
Bryan
I have rented my house out since Dec 2010 and am due to do my tax returns by 31st Oct 2012.
I was just wondering, my mortgage on the house is 710 euro per month and i am getting 565 euro per month rent so i am making up the rest 145 per month out of my own pocket.
As i am making no profit on the rental will i be hit with a tax bill.
Any info would be good as i haven't got a clue.
Kind Regards
Bryan