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Looking for advice from landlords please.

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    #32
    good vibes
    Registered Users Posts: 162 ✭✭good vibes


    Samuel T. Cogley wrote: »
    Read desperate as separate.


    I agree with that assessment also. You need to rent out rooms in the dwelling you live in. You also need planning if you're using the Log Cabin as a dwelling regardless of size.

    Read desperate as separate ?


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


    good vibes wrote: »
    Would it be possible to split bills refuge electricity ect with tenants ? Is that allowed ?


    Yes absolutely. You still need to stay under 14K though.

    good vibes wrote: »
    Read desperate as separate ?


    He wrote desperate instead of separate, I presume through auto correct.


    If you are living in a separate dwelling (the log cabin) you can't claim rent a room relief for the house.


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    #34
    good vibes
    Registered Users Posts: 162 ✭✭good vibes


    kceire wrote: »
    Once you keep under the 14k your ok.
    You really need to sit down and read the replies.

    Rent + bills can’t be more than 14k

    I have read the replies... this is all new to me....a lot of information to process..


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    #35
    good vibes
    Registered Users Posts: 162 ✭✭good vibes


    kceire wrote: »
    Based on this I’d advise you seem professional advise and not advice from friends or chancers. They is no exemption for log cabins. Not even the small ones. If you sleep there then you are in breach of the planning regulations.

    Log cabins rely on class exemptions. That’s for sheds, Stores etc but there’s a small portion that states that the finish must match that if the main house.

    You are in serious trouble of the rest of your RESEARCH is similar to the planning research you’ve carried out.

    Thanks for the reply

    As I've stated this is all news to me and this is the start of my research j

    Well I won't be getting a log cabin that's for sure... But I could rent out 2/3 Rooms 2 to 3 people and convert your attic and live there...

    I think you're right about seeking advice from Friends and online sources... Even asking people a question seems to get some people very stressed out.

    What would you consider to be the best professional advice ? A good solicitor ?

    Thanks for your help.


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    #36
    SmartinMartin
    Registered Users Posts: 2,937 ✭✭✭SmartinMartin


    You've already got the best advice you're gonna get from Samuel T in post #28.


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    #37
    ted1
    Registered Users Posts: 23,521 ✭✭✭✭ted1


    Are you or are you not moving ?
    Tax is very different.

    Don’t do it, it can be a lot of hassle and the government are further socialising private rentals.. Plenty of other places to invest money. If you do invest in property it might be worth good advice and looking at commercial properties.

    Without being an expert and offering no real advice. I’d look at green funds like wind or solar farms.


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    #38
    good vibes
    Registered Users Posts: 162 ✭✭good vibes


    Yes I'm beginning to see Samuel T's advice was very good advice.... But I will also be seeking advice from a good solicitor....Thanks


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    #39
    good vibes
    Registered Users Posts: 162 ✭✭good vibes


    ted1 wrote: »
    Are you or are you not moving ?
    Tax is very different.

    Don’t do it, it can be a lot of hassle and the government are further socialising private rentals.. Plenty of other places to invest money. If you do invest in property it might be worth good advice and looking at commercial properties.

    Without being an expert and offering no real advice. I’d look at green funds like wind or solar farms.

    The government are further socialising private rentals ?... I don't understand that ?

    I won't be investing into investments I don't understand ...green energy etc...


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    #40
    ted1
    Registered Users Posts: 23,521 ✭✭✭✭ted1


    good vibes wrote: »
    The government are further socialising private rentals ?... I don't understand that ?

    I won't be investing into investments I don't understand ...green energy etc...

    Do you understand property ? You don’t seem to (living in log cabins)

    By socialising private rental I mean. Rather than building social housing they are using private rentals to provide social housing.

    They make it illegal to refuse HAP, they give the tenant 6 years tenancy after 6 months and are looking to increase this further. They are looking at removing selling as a reason to end a tenancy.
    They have made it virtually impossible to evict tenants. You could have a tenant who refuses to pay and you can’t do diddly squat. They restrict the rent increase you can have even if you are 500% market price you can’t increase it more than 4%. I could go on


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    #41
    mikemac2
    Registered Users Posts: 2,953 ✭✭✭mikemac2


    good vibes wrote: »
    I was thinking about buying a 3 bedroom house in tallaght

    If I rent out two rooms @ €14000 a year.

    We all know the Dublin rental market is expensive but even that is ambitious for Tallaght.


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    #42
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    mikemac2 wrote: »
    We all know the Dublin rental market is expensive but even that is ambitious for Tallaght.


    €500 per room plus some bills. Easily achieved depending where in Tallaght of course.

    https://www.daft.ie/dublin-city/rooms-to-share/tallaght/


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    #43
    Spanish Eyes
    Registered Users Posts: 15,958 ✭✭✭✭Spanish Eyes


    OP, it's early days in your research. What's your approx budget for buying, bearing in mind Surveys, Solicitors, Land Registry, Stamp Duty and so on.

    IF you find a suitable property, utiising the rent a room scheme is the only way to go these days. The licensee (room renter) has no rights, and if things don't work out you can get rid of them pretty sharpish.

    Bear in mind that if you rent two rooms for say 4- 500 a month per room occupier (forget about couples, they will take over your house for you thank you very much), you will have 12k tax free income, adding in utilities per month to the rent would not bring you near the 14k limit if you think it through. You will NEVER achieve that untaxed income by renting out the entire house under a tenancy agreement. AVOID.

    Start small, build it up. If you have never shared your property, it could be a difficult transition to have people in your house all the time. Tallaght IT might have Mon-Fri applicants. Great, you have your weekends to yourself. Concentrate on how much you would get by putting the money on deposit and how much you would get from one or two lodgers. It is a no brainer.


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    #44
    Caranica
    Registered Users Posts: 10,116 ✭✭✭✭Caranica


    The other thing to take care with if you are doing an attic conversion would be to make it comply with building and fire regulations so that it can be used as a bedroom. It's not as straightforward as you might think.


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    #45
    YipeeDee
    Registered Users Posts: 117 ✭✭YipeeDee


    good vibes wrote: »
    I looked it up... there's certain sized log cabins that you would need planning permission for but the two smallest ones you don't.

    I really recommend contacting DCC, you absolutely need planning permission for log cabin or any kind of structure that you plan to use for human habitation / dwelling.


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    #46
    Gumbo
    Moderators, Society & Culture Moderators Posts: 39,328 Mod ✭✭✭✭Gumbo


    YipeeDee wrote: »
    I really recommend contacting DCC, you absolutely need planning permission for log cabin or any kind of structure that you plan to use for human habitation / dwelling.

    Or SDCC if in Tallaght ;)


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    #47
    _Kaiser_
    Registered Users Posts: 28,861 ✭✭✭✭_Kaiser_


    Here's my suggestion OP.. find another way to invest your money

    Reading your posts, it seems to me that like too many other LL's, you just expect "easy money" and to be able to "fudge" the rules as much as possible to get it, including packing as many tenants as you think you can get away with into the place.

    The market doesn't need another LL like that.


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