We have an apartment to rent out, what would our tax implications be?
LittleMountainMe
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My husband and I are both auto-entrepreneurs with our own sources of income. Our house has a self contained apartment that we’d like to rent out year round for holiday lets.
- Can one of us add this to our businesses?
- How should we do this?
- What would the tax implications be?
I’d expect it to bring in around €15,000 which would be less than both of our main incomes.
Thanks!