Report calls for Ireland to follow Denmark and force vacant property owners to make them available to rent
GOVERNMENT SHOULD CONSIDER following in Denmark’s footsteps and require owners of vacant residential properties to make them available for rent, according to a new report published today.
It also recommended that tax breaks for landlords should be linked to more secure and longer tenancies, as report by The Journal. The taxation of rental income in Germany provides an annual allowance for depreciation based on the purchase cost of the building , which reduces the effective tax rate. One model would require landlords to have the property inspected by a private professional who would issue a certificate when the required minimum standards are met.
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