The eviction ban

I am an investor, just not in rental property, I don't see why it should get extra tax incentives, I disagree with the eviction ban also, from the beginning.

What do you invest in. I have varied investments. The best investment I have is land. However it's always expensive to get in and out and require a certain level of knowledge in the area. As well it's very time consuming. However its easy to take long term investment out. Consider it as an activity investment

I have stocks and shares again it requires a significant knowledge buts it also adds significant risk but long-term and can add serious loss or profit. Small relief ( 2.5k yearly for a couple). Active investment

Pension's very long term huge amount ax advantages and easy to get money in and out. Static investment

Property long considered an inactive investment now an active investment due to regulations.

I met a fella sitting on a bridge in the city last night drinking a bottle of sherry. He said although he could easily become a landlord he was happy with his current situation

They don't take 50% tax on rental income.

What amazes me is this landlord exodus has been going on since 2017 but the government response has been SFA

Even more amazing is that in 2011 nobody realised that we were still having kids and that teenagers were going to be adults and eventually want their own home.

No real planning about population growth

Being a landlord is not a public service, it's a private enterprise, comparing landlords, whose sole purpose is to enrich themselves personally, to a firefighter, is ridiculous.

I keep hearing that if landlords sell = more people will be homeless, why is that? Who will buy the property? Surely if all sell, the price will drop significantly and the buyer will require less capital to operate, which could either be a homeowner or a new landlord.

Unless you are demolishing the house or leaving it vacant, the same number of people will be housed.

Houses will be left vacant during the sales process which will drive up homelessness. At the moment landlords need to be encouraged or incentivised not to sell to stop this happening.

It funny the way people get hot and bothered over cash in a system. Now I am not advocating tax evasion but many forget the person paying tax often benefits as much or more than the person recieving it.

It particularly noticeable in certain sectors. If you get a handy lad in to cut your lawns, maybe paint a room, do a small construction job ( laying a patio, putting up a boundary wall or laying a timber floor) or a backyard mechanic people are always on about these people avoiding tax and they are probably right. However they forget that of the person is completely tax compliant then the costs of these project have to seriously increase in price to reflect this. Instead of such a person being paid 15-20/hour they now need maybe double or more than that

It's probably one of the reasons that rentals have got so expensive. 30-40 years ago revenue could not zone in as much and tenants moved regularly. Now with virtually all LL having to be fully tax compliant this has driven up rents as LL find the ROI not worth the effort unless they are at the top of the market rate

That post perfectly illustrates the entitled to handout mentality of many of the have-a-go landlords who post on boards.ie. It may not be that prevalent generally in the larger population of landlords, but it is highly prevalent among the perennially whinging ones here.

i.e. I want this, but I can't afford it.....and I don't have the capacity to work hard enough to earn it myself ..... but I am entitled to it ..... so change the rules so that I can have it.

This isn't true. Take a three bed house as an example. Single person in the boxroom, potentially two couples in the bigger bedrooms. Total of five people renting the house. Landlord decides to sell. House goes on market. Bought by a different couple. House now houses two people instead of five.

no surprise you spouting rubbish. Im only stating facts.

Landlords got into landlording when the market was very different, its changed significantly in a variety if ways now so many are leaving. If they are happy to stay they will stay.

Should they not be allowed to leave or something?

If the government wants to change the playing field to encourage more people to stay as landlords they can easily do so.

They did it in the past when they brought in the rent a room scheme because people stopped providing much needed digs for students.

You are whining about tax. Tax rates are basically the same for the last decade. How did you only just happen to learn recently about tax on rental income as if it is a new thing?

"I don't think I should have to pay tax at the higher rate because I want to buy a ferrari and after my income tax I don't have enough to pay for it"

Nobody cares if you leave or not. The same as nobody cares if you buy shares of Tesla or decide to gamble on cryptocurrency or the 3:15 race at Fairyhouse. Go if you want. There are plenty of landlords who can cope. Why on earth would we be subsidising incompetent ones to stay.

Yeah I would be in favour of increased CGT and stamp duty if the income tax rate on rental income is reduced.

As evidence by the post directly above your own.

There has been a relatively recent trend of landlords complaining about having to pay income tax on their income. Did anything change recently to prompt this? Tax rates haven't changed really over the last decade. What did change last year though was the renters credit which would have frightened a lot of non-tax-compliant owners. For them, the tax rate would have been going from 0% to their marginal rate.