Hi All
Quick question In relation to renting a self contained unit within a house. I have been told albeit i think incorrectly that in order to claim up to 14k tax free that the person renting the self contained unit must use your front door and gas/electricity meter. From my research on the revenue website this seems nonsense but just want to check peoples experiences with this. The selfcontained unit is attached to the house with an access door into the main residance, the tenant also has there own door and electricity meter.
Anyone ever hear of these additional requirements?
Thanks
Once it is part of, or attached to, your house it should meet the criteria for rent a room relief.
The PRTB criteria is different, and people confuse the 2.
Exactly.Forgive my ignorance but are you saying the tax free income ( up to 13 k) stands but those living in the basement do attain normal tenancy rights as with a conventional rental property situation?
Exactly.
You can elect that it's not subject to PRTB / tenancy rights, but you must agree this in writing with the tenant in advance.
The OP did not ask about planning, there isn’t a chance anyone will do anything about his self contained unit. Once it’s used for more than 7 years nobody can force him to do anything in any case.In 99%+ of cases, planning conditions state it is prohibited to have anyone other than a direct family member stay in, or charge rent on any such self-contained unit. What does the planning on your property state?
Self-contained units must meet specified minimum standards for rental accommodation.
Note, per Section 4 of the Residential Tenancies Act, the renting of a self-contained unit in your home comes under the remit of the RTB, and any such tenancies must be registered and abide by the legislation.
Pre 63 is about planning. As in if your building has modifications done that would need planning, if it’s pre 63 then you don’t need planning permission.What happens if you rent a room to students during the academic year (and receive less than €14k for this) and also rent the same room during the summer as an Airbnb. Specifically, if the combined income exceeds €14k does the rent-a-room tax-free exemption still apply?
Does pre '63 matter in any of this and if so, how precisely?
What happens if you rent a room to students during the academic year (and receive less than €14k for this) and also rent the same room during the summer as an Airbnb. Specifically, if the combined income exceeds €14k does the rent-a-room tax-free exemption still apply?
Does pre '63 matter in any of this and if so, how precisely?
What happens if you rent a room to students during the academic year (and receive less than €14k for this) and also rent the same room during the summer as an Airbnb. Specifically, if the combined income exceeds €14k does the rent-a-room tax-free exemption still apply?
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