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Car parking space investment

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  • 05-06-2014 6:27pm
    #1
    Registered Users Posts: 430 ✭✭


    Hi, i was just wondering what people's thoughts are on investing about e9000 in a car parking space in a secure location. The expected rent is e75 per month with an annual maintenance charge of e260. Would I be liable for tax even though the gross rental income annually is only e900?


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  • Moderators, Society & Culture Moderators Posts: 32,285 Mod ✭✭✭✭The_Conductor


    Doodoo wrote: »
    Would I be liable for tax even though the gross rental income annually is only e900?

    Yes.


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