Archives for Uncategorized

Why are PPS Numbers and Date of Birth Required for RTB Registration

February 2023 A number of members have recently asked why PPS Numbers and Date of Birth Required for RTB Registration? IPOA previously asked the RTB for clarification as to why PPS Number and Date of Birth is required to register a tenancy. Their response is detailed below. The RTB is a statutory body responsible for (but not limited to) the operation of a national registration system for all residential tenancies, the operation of a dispute resolution service, the provision of both information and policy advice, and completion of research regarding the rental sector. PPS Numbers are used as reliable identifiers
Read More

Categories: Uncategorized.

Winter Eviction Ban – Know The Deferred Termination Dates

1st February 2023 The Ban commenced 30th October 2022. A landlord can still serve a Notice of Termination during the winter emergency period. It applies to notices with no fault on the tenants’ part e.g. selling, own use or family member use. It does not apply for notices served for breach e.g. Rent Arrears, anti-social behavior – with the exception of overcrowding. It applies to tenancies and licensed Student Specific accommodation. Notices served in six month probationary period need a termination date of 18th June 2023. (tenant must not receiveless than 90 days). Deferred Termination DatesDeferred termination dates below now
Read More

Categories: News and Uncategorized.

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
Read More

Categories: Property Management, Taxation, and Uncategorized.

Tax Credit For Renters – What We Know

January 2022 A Rent Tax Credit was introduced on 15th December 2022. The Rent Tax Credit will be available for the years 2022 to 2025. Renters can claim the income tax credit for rent payments made in 2022 by making a tax return for 2022. The amount of the credit is 20% of your rent payments in the year, up to a maximum of: €500 for an individual €1,000 for a couple who are jointly assessed for tax The tax credit can be claimed for rent payments made for: Your home A second home you use to take part in
Read More

Categories: News and Uncategorized.

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
Read More

Categories: News, Property Management, and Uncategorized.

Tenants Overholding – Are They Protected By The Winter Eviction Ban?

29/11/2022 Question: I served a notice of termination in December 2021 on the grounds of personal use, I returned from abroad in the Summer of 2022 and require my property for my own dwelling. The vacation date was the 1/7/2022 , the tenant did not leave and a case was taken with the RTB . The notice was found to be valid by the RTB  and a determination order  was made on 25th October 2022  for the tenanat to vacate the property within 14 days. Is this Tenant protected by the winter eviction ban?   Response: Based on the information
Read More

Categories: Landlord Query of the Week and Uncategorized.

RTB – Temporary pause on charging late registration fees

17th November 2022 Following many engagements with the RTB to rectify ongoing issues on the RTB System – IPOA are pleased to welcome a temporary pause on charging late registration fees. The RTB will be applying a temporary pause on the charging of late registration fees due to difficulties faced when registering tenancies. This applies for the following tenancies: new tenancy registrations with a tenancy commencement date on or after the 12 November 2022, and for annual registrations of existing tenancies which became due on or after 12 November 2022. Please take note of the below scenarios which may apply
Read More

Categories: News and Uncategorized.