Repairs & Maintenance
What are Repairs & Maintenance and how do they relate to my Rental Income?
When you carry out preventive maintenance (servicing boilers, painting exterior/interior, insulating the attic) or repairs (fixing burst pipes or broken windows/locks/doors), these allowable costs can be deducted from your rental income.
The list repairs and maintenance can be found here.
How much can be claimed?
The entire amount paid in the year can be claimed. The documents relating to these costs must be retained for a period of 6 years, as per Revenue.