Smart property owners know that maximizing rental income isn’t just about the property itself. It’s about mastering the tax rules in every country where they own. With country-specific tips on claiming allowable expenses and using tax treaties to avoid double taxation, it’s a practical guide for anyone juggling rental property across borders.
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Renting property abroad to holidaymakers? Here’s everything you need to know about your tax requirements.
If you are fortunate enough to own a property in a popular holiday destination, then maybe you have considered the idea of letting it out while it’s vacant. This is an ideal way for many holiday homeowners to cover the costs of owning a property and perhaps earn some extra income on the side.
However, if you earn an income from property overseas – even from short-term holiday bookings – it is likely that you will have a tax filing requirement in that country.
How to repair your rental property and pay less taxes
Repairs and maintenance to your rental property are inevitable. But, did you know that repairs on rental property can be tax deductible?
So, what home improvements are eligible?
Here’s what you need to know if you’re a new landlord or if you’ve just had to make your first significant repair.
How to be property tax-savvy
Owning a property is one of the largest investments you’ll ever make and it’s a huge financial responsibility.
As with any investment, you need to know how to get the most out of it. Knowing the tax credits and tax deductions available to property can help you ensure your investment pays you back.
In this guide, we will outline some useful tax tips for property owners who want to save money and reduce their taxes.
9 Top Tips on reducing property income tax for overseas landlords
As a non-resident landlord, it is likely you will be required to file an annual income tax return. Maybe you’re asking yourself questions like – how can I reduce my property taxes?
And while it is not always easy to understand foreign tax laws, by having a strong grasp of your tax requirements and entitlements, you can save yourself a lot of money come tax time. But is there any way to lower your property taxes?
What does the Polish Deal (New Polish Order) mean for non-resident property owners?
The Polish Deal has fundamentally changed how rental income is taxed in Poland, making the lump-sum “Ryczałt” system mandatory for all private landlords as of 2023. Under these rules, non-residents must pay tax on their gross revenue at rates of 8.5% or 12.5% without the ability to claim deductions for expenses or depreciation.
Continue reading →Rental income tax in Hungary – What you need to know
If you are a foreigner who owns a rental house or an apartment in Hungary, and you are earning a profit, you are required to file a rental income tax return to the Hungarian tax office by 20 May 2026.
Polish property tax – Everything you need to know
Owning property in Poland involves several tax obligations, including rental income tax, local property tax, and possible capital gains tax, each with specific rates and deadlines.
Continue reading →How Does Mortgage Interest Affect Buy-to-Let Tax in Ireland?
If you’re considering buying a rental property in Ireland, it’s important to understand how the mortgage you choose will affect your buy-to-let property tax bill. Continue reading →
Can you avoid paying tax on rental income in Ireland?
If you are earning rental income from a property in Ireland, you will have some tax responsibilities that require attention. Maybe you are even wondering if you can avoid paying rental income tax in Ireland. This article serves as а compass to guide residents and non-resident landlords alike through the labyrinthine world of tax on rental income in Ireland. We will answer some of the most common questions that landlords ask about saving on taxes and discuss our top tips for filing property taxes without stress. Continue reading →