Cashmere Solo
Registered User
- Messages
- 18
Never a good idea to lie & even less so to do it in writing on any official systems.Continue as you are, but submit a contract with a different amount on it to RTB. Not tax evasion, because you're not getting paid the higher sum.
Any change in the rent being charged to the tenant must follow the rules as laid out under rent reviews, and you are obliged to inform the RTB of the rent being charged.Where is the lie? You've notionally agreed the higher rate with the tenant on paper, but you've agreed a lower rate with the tenant after loyalty discounts. No lie.
r one or two rent free months to soften the increase in the first year.
The only caveat to this constructive thinking is that in the current topsy-turvy state of the Irish rental sector, no good deed ever goes unpunished.one or two rent free months to soften the increase in the first year.
I've given a month free in the past in return for garden clearance or a deep clean where I didnt have the time to do it.What happens if the Revenue check your rental accounts against the rental amounts registered with the RTB ?
Just wondering...
Not with a long term tenant I’ve known for ages who’s a decent person.With the fake dispute you run the risk in a real dispute the tenant ignoring it, then claiming they were told to. Perhaps moot considering the timelines disputes usually take.
Otherwise sticking to the rules and maximizing the rent is the only think that makes sense with the current rules.
You could put it up by an amount that the tenants are likely to afford, otherwise, you risk them going to RTB regardless, which you'll probably win, but it will still cost you time and effort if not also money.I have a property in an area that is not a RPZ, and the current rent is €900.
The tenants are excellent and I never have any problems with them.
The rent is due for review and the going rents for similar properties is €1400 - €1500/ month.
I was going to raise it probably by €75 to €975 which is ok after 2 years.
The problem is however that I may sell in a couple of years and if the rent is low it could affect the sale.
If the area changes and becomes a RPZ the rent is then locked for ever more.
I got stung in the past by letting out a property in another area at a reduced rent as the tenants were excellent - it then became an RPZ, and the rent got locked.
I dont fancy asking for an increase of €500/ month to bring the rent up to date - but once bitten - twice shy!!
Any suggestions/solutions - most welcome!
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