{"id":12281,"date":"2024-07-29T10:38:00","date_gmt":"2024-07-29T02:38:00","guid":{"rendered":"https:\/\/www.infinitysolutions.com\/?p=12281"},"modified":"2024-07-29T10:38:00","modified_gmt":"2024-07-29T02:38:00","slug":"irish-non-resident-landlords-to-airbnb-or-not-to-airbnb","status":"publish","type":"post","link":"https:\/\/www.infinitysolutions.com\/blog\/irish-non-resident-landlords-to-airbnb-or-not-to-airbnb\/","title":{"rendered":"Irish non-resident landlords: To Airbnb or not to Airbnb\u2026"},"content":{"rendered":"

Irish tax regulations differ for non-resident landlords depending on whether lets are long or short term. We give an overview of tax on short-term rentals in Ireland. <\/em><\/p>\n

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Irish non-resident landlords and tax<\/strong><\/h2>\n

If you are an Irish non-resident landlord and you rent your property out to a tenant(s) on a permanent basis, your income is considered to be rental income, which is passive income.<\/p>\n

However, if you choose to go down the holiday lettings route, you have guests (rather than tenants with tenant\u2019s rights), and in this case, the income you earn is usually classed as trading income.<\/p>\n

The difference is key because it dictates how your income is taxed. If you rent your property out through Airbnb or other short-term letting sites such as booking.com or VRBO, you need to understand your tax obligations and ensure you are compliant. A failure to do this could lead to penalties.<\/p>\n

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Tax on trading income<\/strong><\/h3>\n

Trading income is subject to higher tax deductions and allowances than rental income. This brings both advantages and disadvantages.<\/p>\n

The advantages of short-term lets<\/strong><\/p>\n