I have an additional question to the original one:
I have a holiday house that I rented for the summer of 07 and 08 to various people, and also a month or so during those years. I did stay some weekends during those 2 years, so I don't know how that works out re tax free allowance. I have no problem showing all income I availed of for those years. Also, all interest on property (plus wear and tear expenses) far exceeded rental income.
Was I supposed to register with the PRTB with each rental? I rang the PRTB and they said because house is not occupied by the same renters that you cannot 'register' tenants that have come and gone - therefore, I believe, the revenue will not give interest relief for 07 and 08? Whats my best route forward here?
Since August 08, I have rented full time and registered accordingly with the PRTB (been through 2 different tenancies until now).