Equity of 15k, with potential profit before tax of 12,000 a year, allowing for an agent to let it and collect rent. Low tax rate if non resident and you leave the money here.I’m just not sure it’s worth the hassle
Non-residents who only hold unearned income do not pay PRSI -You will pay Class S PRSI I think on the rental income if it is over a certain threshold. This is a pain, but also keeps your contributions up for the state pension in Ireland.
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