Being a Landlord.Is it all plain sailing?

[Dougal Maguire]

In fairness, and this is saying something, some his comments on this thread are the most bizarre he's ever posted on this board and that's saying something

[T Fearon]

Er I have not bragged about wealth.I simply asked for advice on being a landlord and clarified my situation as the thread developed.

[Shamrock Shore]

Tony - that's nonsense.

Anyone with at least half an ounce of sense would have simply contacted an accountancy firm in Armagh and/or a letting agency/property management firm and not bothered us here with tales of your wealth. Worst case scenario would be to ask the Board if they could recommend a good accountant to sort out some tax issues or a good agency that could look after things.

I mean - what's next. A list of the sins that you confess at monthly confession?

[Dougal Maguire]

In fairness SS a list of his sins would be pretty small given he's so perfect in all things moral as well.

[laoislad]

In fairness SS a list of his sins would be pretty small given he's so perfect in all things moral as well.

Gluttony is one of the 7 deadly sins isn't  it.....

[Taylor]

Tony - that's nonsense.

Anyone with at least half an ounce of sense would have simply contacted an accountancy firm in Armagh and/or a letting agency/property management firm and not bothered us here with tales of your wealth. Worst case scenario would be to ask the Board if they could recommend a good accountant to sort out some tax issues or a good agency that could look after things.

I mean - what's next. A list of the sins that you confess at monthly confession?

But to contact a firm could cost Tony money?

Shrewd is our Tony

[T Fearon]

I was merely seeking anecdotal evidence of the pluses and pitfalls.Not bragging about wealth whatsoever.

[T Fearon]

Well two months in I thought I'd give an update! Only an external blocked drain to deal with,cost £25,apart from that the money rolls in,by Standing Order,and the house and garden is in better fecking shape than they were,when I handed over the keys!

Meanwhile I must read the recent electronically received Private Rented Sector Newsletter.Loving Landlording! 👍👍

[quit yo jibbajabba]

Do you clane yer arse way fifty poond notes

[T Fearon]

No.Standard toilet roll is a much cheaper option

[StGallsGAA]

Well two months in I thought I'd give an update! Only an external blocked drain to deal with,cost £25,apart from that the money rolls in,by Standing Order,and the house and garden is in better fecking shape than they were,when I handed over the keys!

Meanwhile I must read the recent electronically received Private Rented Sector Newsletter.Loving Landlording! 👍👍

That's a shame.  You can off set the repairs you have to carry out against your tax bill but as of now you owe the HMRC 23% of your first 2 months rent!! 

[T Fearon]

Still a tidy little income for zero effort!