October 2018 In order to ensure that entire dwellings that could be used for long-term rental accommodation are not lost to the rental market in favour of short-term letting, but seeking to facilitate the continued use of rooms within a person’s own home (known as “homesharing”) for short-term tourism letting or the short-term rental of an entire home for a limited number of days (90 days), the following changes to the planning code are being proposed:   From 1 June 2019, it will no longer be possible to rely on exempted development provisions to let, under short-term letting arrangements,
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Accounts & Membership Administrator required to join the IPOA Team. Duties: Customer Service Data Management Accounts Events Support Office Administration Skills & Qualities: Strong customer service skills Highly proactive with excellent communication and organisational skills Strong attention to detail Good Excel skills Ability to work to deadlines Must have: Basic Accounts – SAGE/ Quick Books Experience 1-year Administration Experience Desirable: Interest/Experience in Property   Contact Marion @  marion@ord.ie for further information
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“In the rental sector, Mr Donohoe is bringing forward the full removal of the restriction on the amount of interest that may be deducted by landlords in respect of loans used to purchase, improve or repair their residential property. The rate was due to be 100 per cent by 2021 but will now be effective from 1 January 2019.” The national representative body for private landlords, the Irish Property Owners Association (IPOA) have cautiously welcomed Budget 2019. In a message to members shortly after the details were announced, IPOA Chairman, Stephen Faughnan, said that the restoration of mortgage interest relief to
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IPOA submitted its Pre-Budget submission on 22nd of August 2018. Our Key message being Housing is a National Emergency, getting the sector working should be the main focus of the State.  Key Recommendations: Exemption from Income Tax for Long Term Lettings 100% Mortgage Interest Relief, implemented immediately Local Property Tax – ‘user pays’ or allowable as a deductible expense Rollover Relief Refurbishment Relief Pension Provision Full submission can be accessed in the Members Centre
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The private rented sector is such an important part of our housing market, providing a solution to the ever-growing housing crisis. As landlords we need to protect ourselves and know the essentials for letting and managing our property. Sweeping legislative changes and continually evolving regulations are making this extremely difficult for the unwary. The IPOA are pleased to present the Residential Landlord Course. Click HERE for information and booking
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RTB Annual Report can be accessed by clicking here and the Strategic Plan here.
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Margaret McCormick (IPOA) talks about how much is actually received by the Landlord in rent arrears, the difficulties around proof of damage and deposits and rent control – it’s negative effect on the sector.   Listen HERE
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