Anyone here have any experience of letting their place out through these. Apartment is going to be empty for a few weeks and I could do with the money. Will the tax man be after me if I let it out for a few weeks? What kind of cut do they take? All advice welcome
Also is there any way my landlord would find out I’m letting the place ?
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There are lots of ways he could find out
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The night is dark and winter is coming
I have a place in temple bar I rent out through this
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Half the cunts on here work in the tax office. Be careful.
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He’d have nothing to fear they wouldn’t work to warm themselves.
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Go on…
The Berlin city council are trying to ban short lettings, like AirBnB, as they claim the lucrative nature of the business is driving up long term rent and property prices. There’s a case being brought challenging this on the grounds that it is an unconstitutional interference with private property rights. Will be interesting to see how it goes.
Link? Doesn’t Berlin already have some form of rent controls anyway? That case would probably win in Ireland.
The case is against the rules they introduced, it would indeed be a slam dunk in the Irish courts.
https://www.businessworld.ie/world-news/Airbnb-awaits-Berlin-ruling-on-legality-of-home-sharing-564483.html
If there was work in the bed, they’d sleep on the floor.
So lads should I go ahead and set this up ?
Throw up a few photos of the place there and we’ll let you know if it’s worth it or not
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The financial reward is fairly plain to see. I would see a fair amount of risk if you aren’t the owner. Check out your lease for any provisions on subletting. You could end up losing your deposit over a few bob. Rooms with you in situ would be safer in this regard, but again, there remains the risk that they’d find out. You also have to factor into account that you never really know what kind of person is taking you up. A guy I work with has an apartment near the airport, has been AirBnBing it out for a few months, but last week he came in and said that some crowd had left the place in a state.
The income is taxable alright. But self declaration is required so do a tax return at year end is required. Id imagine the account statement fro ABNB would document every single transaction as well in a nice neat format for auditing if revenue caught up with you. ABNB are trying to work with some of the states in US to actually collect the relevant tax directly as well.
I’d imagine the vested interest of hotels here would be most likely to be pushing a thorough audit of this sector by revenue.
Would the letting agent have any way of finding out though? The tax situation is making me think twice alright. For the sake of a few weeks it may be more hassle than its worth. I have a middle aged yank on to me about taking it. She has loads of recommendations up on the site so seems a safe bet. Hmm
Would it not be easier to go to the Credit Union, pay off your drug debt & keep the Escorts out of your Flat?