Hi there,
Does anyone have any definitive supporting legislation from Revenue which confirms that the trading profit earned by a company who rents multiple properties and then rents these back out is Trading income rather than rental income. This company of course incurs related costs in the course of their business as any other trading business would eg office rental, wage, maintenance, general expenses etc
Cheers
Does anyone have any definitive supporting legislation from Revenue which confirms that the trading profit earned by a company who rents multiple properties and then rents these back out is Trading income rather than rental income. This company of course incurs related costs in the course of their business as any other trading business would eg office rental, wage, maintenance, general expenses etc
Cheers