Overseas123
Registered User
- Messages
- 6
Hello
I am a landlord and am calculating my USC / PRSI payments on my net rental income.
Net rental income being rent income less all reasonable costs (insurance, management charges, repairs, partial interest deduction, etc.). Not including Property Tax.
I believe I am correct in the above interpretation however I saw in some places that these taxes should be calculated on gross income?
Thanks
Eoghan
I am a landlord and am calculating my USC / PRSI payments on my net rental income.
Net rental income being rent income less all reasonable costs (insurance, management charges, repairs, partial interest deduction, etc.). Not including Property Tax.
I believe I am correct in the above interpretation however I saw in some places that these taxes should be calculated on gross income?
Thanks
Eoghan