landlord tax returns and property services

Slide 1

PRTB – Private Residential Tenancies Board

What is the PRTB (Private Residential Tenancies Board) charge?
The Residential Tenancies Act 2004 provides that landlords must apply to register tenancies with the Private Residential Tenancies Board (PRTB). Each application shall be contained in the Register of Tenancies which is maintained by the PRTB.

What happens if I don’t register?
It is a legal requirement that landlords must register tenancies with the PRTB, also penalties do exist for non-compliance.

Why is the PRTB registration so important?
Landlords must comply with the PRTB registration before they can claim mortgage interest relief on rental properties.

The cost of registering with the PRTB (€90 since 2011) is fully deductible against your rental income. The documents relating to this cost must be retained for a period of 6 years, as per Revenue.

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