cliqueentour
Registered User
- Messages
- 54
if you are in a rpz and the whole country will be one in a matter of week, you can never up your rent to market rate again.
Say I am renting a property to tenants at €1400 a month.
To answer your second question, in my view, the odds are that Revenue won't believe you that your rent has dropped, by choice, on a fully occupied property by €7,200 per annum. They'll possibly assume you are being paid the balance cash in hand and you'll have a divil of a time with them.
I'm no clearer on what's permitted and what's not. I'll have to make an appointment with Revenue.
Mind you after 3 years of being a RPZ the 4% limit is removed automatically and a person can then determine what the market rate is again from that point onwards.
I didn't comment on your style. I commented on your suggestion that Revenue won't believe or accept a drop in rent receipts on a given property. Such drops happen all the time, for a variety of reasons.Yes, melodrama is of course my style...
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