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Rent a room relief, in property less than 50% of the time

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    #32
    [Deleted User]
    Posts: 24,714 ✭ [Deleted User]


    monsterdev wrote: »
    Yea I try and keep it under the threshold 14k to avoid the hassle. Happy tenants and less paperwork

    Just to point out if you go over the 14k by even 1 euro you have to pay tax on everything not just the amount you go over by.


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    #33
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    Jamir Sour Waste wrote: »
    Just to point out if you go over the 14k by even 1 euro you have to pay tax on everything not just the amount you go over by.

    And to point out it doesn't avoid any paper work even when under the 14K - you still have to declare it.


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    #34
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    monsterdev wrote: »
    Hi Guys,

    I have a property in Limerick that I live in with 3 tenants. I am currently availing of the rent-a-room relief up to 14k.

    I recently got a job in Dublin and I will be renting a room there mon-friday.

    Am I still entitled to avail of this exemption on my Limerick property ?
    monsterdev wrote: »
    Yea I try and keep it under the threshold 14k to avoid the hassle. Happy tenants and less paperwork

    There's a whiff off this topic IMO.
    How long do you own the Limerick property?


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