Archives for Property Management

Capital Gains and Losses

Capital Gains and Losses

January 2023 The market value of property has largely recovered from the crash that hit the sector in 2008. Hopefully, members that found themselves in negative equity around that time, are facing into a better position at the turn of the year. Notwithstanding, many members were forced to sell property over the course of the last decade in order to pay down debt and hopefully survive. In those circumstances it is possible that losses arose on the disposals. We would recommend that members keep a close eye on the losses arising as they are available for offset against gains in
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Categories: Property Management, Taxation, and Uncategorized.
Property & Your Pension

Property & Your Pension

Buying property in your pension can help create security as part of a well-diversified pension portfolio. I had my annual review a few months ago with my pension trustee and I suddenly realised my mindset around my personally held properties has dramatically shifted since buying property in my pension structure. Having a pension has created a level of security allowing me to make decisions around my personally held property that I never thought I would. I guess with all the networking, books, courses etc you pick up some philosophies that form beliefs for example “once you buy, never sell” with
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Categories: Property Management.
Weatherproofing Your Property

Weatherproofing Your Property

January 2024 Extreme weather can sometimes mean bad news for landlords – thankfully there are steps you can take to protect your property. Remember – regular inspections can be a good way of ensuring the property is in good working order throughout the year, also ask your tenant to inform you if they are going to be away from the property during a period of bad weather. Take a look at the below things to look out for when you’re weather-proofing your property. External walls Seal any gaps in external walls to prevent cold air and water entering the property. Garden
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Categories: News, Property Management, and Uncategorized.
Updating Tenancies

Updating Tenancies

April 2022 If a landlord changes the rent during the year, he or she must provide an update on the new rent to the RTB within one month of the new rent becoming payable (together with an update on any other material changes to the tenancy details registered with the RTB) (section 139 of the RTA 2004). You may update a tenancy registration through the RTB’s online tenancy registration system. You can also submit a tenancy update form. No fee is payable to update the tenancy register during the year.   STRONGER TOGETHER – JOIN IPOA SUPPORTING LANDLORDS FOR 29
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Categories: Property Management.
Fees for RTB Annual Registration

Fees for RTB Annual Registration

April 2022 Landlords must register tenancies each year on time, otherwise late fees will be payable .   Fees for Annual Registration   Private/Student Specific Accommodation (SSA)/Cost Rental Tenancies     Standard Registration Fee   Application made to the RTB within one month of the tenancy commencement date €40 Additional Late Fee Application made to the RTB more than one month after the tenancy commencement date €10 for every month (part thereof) that registration is late   Composite Registration Fee   A reduced fee in respect of an application made to the RTB, within one month of the earliest tenancy commencement date, to register
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Categories: News, Property Management, and Uncategorized.
Mid-tenancy/Periodic Inspections

Mid-tenancy/Periodic Inspections

January 2024 Inspections It can be easy to underestimate the importance of doing regular inspections on your rental property.  As a landlord it is extremely important that you include these into your regular management. You need to monitor the condition of your property and make sure that there are no issues – do not leave your property unchecked. If you’re a new landlord, you might ask why landlords do periodic inspections at all? The reason is simple – it is to ensure your property investment is being properly maintained. You have an obligation to ensure that the property continues to
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Categories: First Time Landlord and Property Management.
How To Conduct A Rent Review In a Rent Pressure Zone?

How To Conduct A Rent Review In a Rent Pressure Zone?

February 2022 How To Conduct A Rent Review In a Rent Pressure Zone? In this article we deal with conducting a rent review in a RPZ.  Many changes have occurred to the process since the introduction of Rent Pressure Zones in 2016. What should be a simple task can sometimes be confusing given the number of recent changes imposed.  We would like to remind you of the steps involved – for your rent review to be valid it is important that you are aware of the process. On 11th December 2021, the rules were amended around setting the rent for a
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Categories: First Time Landlord and Property Management.