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Irish Rental Income
TYPES OF RENTAL INCOME
The most common type of rental income is from letting a house, flat, apartment, office, building and from bare land. In calculating your rental expenses you can deduct expenses so long as they are:
- incurred wholly and exclusively, and
- are not of a capital nature.
Rental expenses can significantly reduce one's rental profit. Irishtaxback.ie will be happy to assist you in reviewing your rental expenses and preparing your rental computation.