PPR and rent-a-room scheme

C

Calico

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This is a bit of a strange one....

I inherited a two-bedroom apartment many years ago (15+) and it has been my PPR ever since,

In 2018, I purchased a one-bedroom apartment in Dublin (using a mortgage, as a first-time buyer, which was allowed) to use as a base for work reasons.

Neither property is, or has ever been rented, and I probably spend about 50% of my time in each place.

Utility bills, management fees etc. are all in my name

My question is, all things being equal, can I rent out the spare room in the two-bedroom apartment and avail of the rent-a-room allowance?

I need to be able to continue to stay in both places, but don’t want to fall foul of some loophole or do anything illegal...
 
Calico said:
In 2018, I purchased a one-bedroom apartment in Dublin (using a mortgage, as a first-time buyer, which was allowed) to use as a base for work reasons.
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Did you avail of the HTB scheme to purchase this property? If you did, it has to be your PPR for 5 years after purchase.

I think that is the only thing that would change Gordon's advice above
 
_OkGo_ said:
Did you avail of the HTB scheme to purchase this property? If you did, it has to be your PPR for 5 years after purchase.

I think that is the only thing that would change Gordon's advice above
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Hello OkGo.....no, didn’t avail of HTB....it was a secondhand property...
 
Interesting comparison here:

Own and rent a Property, Rent a Property

Hi I own a house and currently have this house rented out as I am working in another county. I rent another house in this county. The rent received and paid are the almost identical ( The rent I pay is slightly more) so is maneageble. My question is what or am I obliged to make a tax return on...
www.askaboutmoney.com
 
Thirsty said:
Interesting comparison here:

Own and rent a Property, Rent a Property

Hi I own a house and currently have this house rented out as I am working in another county. I rent another house in this county. The rent received and paid are the almost identical ( The rent I pay is slightly more) so is maneageble. My question is what or am I obliged to make a tax return on...
www.askaboutmoney.com
Click to expand...
Yes, that’s a similar situation....I think it can be argued either way tbh....maybe I should just ask Revenue directly.
 
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