Hello ,
I am just wondering if anyone might guide me in drafting a simple tenancy agreement for letting of a house for max a 2 year period.
I know it is up to me to decide what is / is not included - refuse , wi fi etc . No bills included . Inventory listed on commencing rental period.
Month`s rent held as a deposit .
If the property is let for cash , I`m sure the same tenants rights apply . That`s just an IF question .
As I am already employed and pay the higher rate of tax on a share of my income , I wonder will rental income be taxed also at the higher rate ..ie will Revenue combine my employment and rental income or would the rental income be taxed at 20% independent to my employment.
Id be happy for some advice ,
Thank you ,
Silver 22 .
I am just wondering if anyone might guide me in drafting a simple tenancy agreement for letting of a house for max a 2 year period.
I know it is up to me to decide what is / is not included - refuse , wi fi etc . No bills included . Inventory listed on commencing rental period.
Month`s rent held as a deposit .
If the property is let for cash , I`m sure the same tenants rights apply . That`s just an IF question .
As I am already employed and pay the higher rate of tax on a share of my income , I wonder will rental income be taxed also at the higher rate ..ie will Revenue combine my employment and rental income or would the rental income be taxed at 20% independent to my employment.
Id be happy for some advice ,
Thank you ,
Silver 22 .