Almost Broke
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I am sure you can deduct expenses like heat, light and any extra essentials that you supply. Are you providing transport or other services.
I suppose you will supply grocery stocks, wine, minerals and household cleaning agents etc. for guests.
I think you can also claim for repairs and renewals as result of letting. Check this out.
Browtal
We are providing transport and breakfast. What do you mean when you say renewals?
Thanks for the replies
What's Solheim cup accommodation?Solheim cup accommodation next September.
What's Solheim cup accommodation?
Hi Abby,
I just sent you a pm. did you advertise on accommodationfortheevent.com? we have a large house in navan also and are seeking the best way to get it rented. please post more information. thanks
Hi Abby,
I just sent you a pm. did you advertise on accommodationfortheevent.com? we have a large house in navan also and are seeking the best way to get it rented. please post more information. thanks
Hi Stephen75,
The place we advertised was Also every enquiry we got requested a pick up from the airport so I'd suggest you prepare to supply that.
Just to update you on this topic. I spoke to a tax accountant, the income we received minus expenses has to be declared as income tax for the year 2011.
Abby
[I purchased a new home in Navan last year and have achieved renting it as solheim cup accommodation next September.]
As it is less than 2 years since you purchased the house, I wonder does the stamp duty clawback come into effect? Or did this go out with the last budget?
Instead of taking the €19,000 as income is there some way of channeling these funds directly to the morgage provider so as not to incur "income tax" on this amount.
Any extra info would be great
Abby
You've no chance now!
Hi Muz,
Can you expand on this please? I purchased our house in January 2009 and am renting it during the event. Would I qualify for this tax relief also?
Thanks
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