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"be careful as the revenue now monitor Airbnb and are catching renters for tax. my advice would be if someone makes contact to rent book them in for one night and agree a cash in hand for the other stayovers nights....or get regular renters to contact you privately......shuuuussssh you didnt hear it from me !!!!!!" Are u condoning the black market rental income is subject to tax which pays for the running of our services such as health education and other state provided services if u provide a service that generates an income u should pay ur taxes like the rest of us Renting a room in your own home carries a tax free income of €14,000 per annum after that any income generated carries a tax liability | |||
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"In the same situation as yourself at the minute. Converting a house at the minute for the sole purpose of Airbnb. I have used Airbnb myself as a guest rather than a landlord and found the experience a lot more warming and welcoming rather than standard bnbs or hotels. I guess it must just be the fact that it's somebody's home you're in which adds something extra. My main decision for aiming mt house towards Airbnb was due to the flexibility of being able to free up times for the house when I may need it. Occupying the house long term effectively rules the house out for my own use which i wasn't keen on. There's an opportunity to make a lot more money through Airbnb rather than standard letting. Just need to be careful not to cross the tax bracket It's a fantastic way to meet so many different people too and really opens your eyes to other cultures. All you really need are the basics for breakfast and toiletries to keep people happy. Nobody expects a breakfast cooked for them or anything so I wouldn't stress on providing a major service like that.. Hope that helps " | |||
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"Put in a hot tub and make it a sex pad and charge a premium rate as a swingers get away. A shag pad with all the amenities. " Have the hot tub & bar which are included as part of the room rental | |||
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