What rental expenses can I write off against my rental income ?

Allowable expenses that can be offset against rental income include:

rates you pay to a local authority for the property
rents you pay for property such as ground rents
Mortgage interest if registered with Residential Tenancies Board.
insurance premiums against fire and public liability
maintenance of your property such as cleaning, painting and decorating
property fees before you first rent out your property such as management, advertising, legal or accountancy fees
cost of any service or goods you provide that are not repaid by your tenant (such as electricity, central heating, telephone, service charges, water and refuse collection).
certain mortgage protection policy premiums
expenses in between renting out the property in certain circumstances
capital allowances
repairs, such as rot treatment, mending windows, doors or machines
certain pre-letting expenses on vacant residential property
the cost of registering with the Residential Tenancies Board (RTB).

You must keep full and accurate records of all expenses for each property you rent out.

Any queries give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie