there's no 'she', it was typo above, now corrected. anyhow - the question was a simple one - if someone uses their own computer for work reasons, is there an allowance that can be claimed, or as an expense?
hi folks,
I am a co-founder and paye employee of a tech start-up.
We use our personal laptops and handsets for work, purely for cash flow reasons to get the business going.
as we’re not in a position just yet to buy 2-3 powerful laptops @ ~2€k each, I’m wondering if there’s a monthly/annual...
You always have income tax to pay, even over 65. There are bigger exemptions for over 65s, that’s all (I think it’s 18€k for singles and €36k for married couples).
Correct, that 62% is one of my lowest from over 13 years of returns. I own 3 of the 4 places outright now, which makes a difference to profitability - and also I had very low maintenance costs in 2017 (€620 in total to be exact, for 2 callouts).
not sure if anyone answered the OP question - I'm a full time LL and discussed the RTB report on another forum when it was released 2 months ago (the 2017 one, available on the RTB website):
The fall in landlords was masked in the 2016 RTB report by the addition of the Approved Housing Bodies...
as a full time landlord, I've no doubt that landlords are exiting the marketing (most of my tenant calls are from people in houses which they can prove are currently for sale) - however, I can't seem to find the latest data on the RTB site on the numbers of active landlords? They used to publish...
wow, as a single dad I find this thread pretty incredible. The torches and pitch-forks are out, never mind the massive sweeping generalisations about single parents and also their children.
Turn off Fox news for a sec and take a look at the welfare dept's own figures on the average time an...
Yes and no.
Yes, the welfare aids to raising your family are higher for a single parent, but that's about the only 'gain'.
On the negative side, single parent family's sit at the bottom of every wealth accumulation metric you can find - sitting far behind on home ownership %, savings value, net...
Just to add, widowed people with children also fall into this single parent bracket.
the widows pension also pays the weekly top-up amount per week per child, where the child is under 18. That portion is tax free, but the widows pension is also paid irrespective of the persons working income...
I also read that mention in the papers that 30% of the purchased shares were back on the market before CoB on Friday - it lends to the comments above that there were plenty speculators in there.
if AIB can get their restructuring sorted and show where the growth will come from, then it will...
IPO stocks tend to be a fairground ride for a while afterwards and after doing some quick research earlier on longer term performance of IPOs generally (with companies like twitter in mind), I was surprised how much IPO float prices tend to be overhyped and in general underperform in the medium...
In both examples above I just plugged the numbers into the RTB calculator.
The people paying €900 moved out and to be fair, if they hadn't I would have had to increase the rent as my costs changed (LPT, drop in deductible interest from 100% to 75%, etc) and the gap to market rate was too...
It's an interesting point - my experience from other landlords is that "everything was going ok with the tenants until I increased their rent - then they started calling me almost every month with things to resolve"
That said, good decent people will always be good decent people. If there was a...
To give a real example, I changed tenants recently and the effects of the RPZ were as follows:
Old rent: 1200
Potential market rate: €1500
RPZ result: €1345
It's still below the market but not much when you account for the high rates of tax.
However I f I use the example of the 2011 lease when...
I place the highest possible value on a good tenant.
Finding someone with cash in hand is easy - finding a good tenant is VERY difficult in the current environment.
I rent multiple high-quality family semi's in the commuter towns.
I currently have tenants easily 20-30% under market value and I...
I wouldn't worry so much about wanting to retire at a specific age - instead work to being able to fund your lifestyle costs from that point forward, either through saving a large amount of money (full early retirement), or by passive income (financial independence), or both of course. I aimed...
I get you, I think it's really how you look at at.
Here's my own excelsheet budget: I have assets that generate me income on one side (and they have their own associated costs obviously) and then I have costs on the other. My PPR is a cost and generates no income. However, my plan considers it...
That's exactly the point though - home equity isn't an asset unless you release it, yet it's a costing to you every year in tax, insurance, maintenance and upkeep. only a tiny fraction of people actually downsize for the purpose of releasing equity. It's incredibly rare.
Also, no official...
If your family home has a mortgage, as 70% do, then it's a cost, not an asset. Even with the mortgage paid off, it's more of a security or a contingency, than an asset.