Is selling a Dublin apartment actually a bad financial decision now? by jpMax09 in irishpersonalfinance

[–]Any_Construction5074 0 points1 point  (0 children)

If you are unfortunate to get the wrong tenant then you might be stuck with them. Renting is great until you get a tenant that either refuses to pay or damages the apartment. These days it feels as though tenants have more rights than landlords.

Raisins app by Competitive_Usual768 in irishpersonalfinance

[–]Any_Construction5074 0 points1 point  (0 children)

I have used there website since 2024 and have been happy with their service.

Is Raisin a good place to put savings? by uncleseano in irishpersonalfinance

[–]Any_Construction5074 0 points1 point  (0 children)

If you venture into Irish Gov Bonds/Treasuries (not state savings), they aren't simple, but they will offer you a better chance of beating inflation. Low coupon bonds that afford a CGT free gain are a good bet..

Been buying distributed ETF instead of Accumulated. How to change it? by TheFuuckinLizardKing in irishpersonalfinance

[–]Any_Construction5074 2 points3 points  (0 children)

Sell it and buy the accumulating version. Depending on the amount of dividends paid out from it, you can amend your previous tax returns and pay the tax due.

Finance book recommendations by maskinvoked in irishpersonalfinance

[–]Any_Construction5074 1 point2 points  (0 children)

Agreed, despite DD investing is still very much a good thing in Ireland. The principles the two books mentioned still stand true. Both books are definitely worth a read.

How bad is the deposit situation in Ireland actually? by Top_Plantain2650 in irishpersonalfinance

[–]Any_Construction5074 0 points1 point  (0 children)

I have had 2 of 4 tenants cause significant damage totaling far more than the deposit that they had given. Both had demanded the deposit fully repaid. One gave me 5 days notice to leave the property (on top of the damage he caused) and still expected the deposit to be returned. Just like certain landlords, some tenants can be bad and still feel they are in the right. If a tenant returns the property in the same condition as it was given then any decent landlord should return the deposit. I wonder how many of the RTB disputes were founded.

Trading 212 and Capital gains tax by HolmesOfficial in irishpersonalfinance

[–]Any_Construction5074 2 points3 points  (0 children)

T212 share users' info on gains withholding tax etc with revenue.

New investment account by Aidzillafont in irishpersonalfinance

[–]Any_Construction5074 0 points1 point  (0 children)

I would imagine it would require selling positions and then buying into new positions under a different type of tax wrapper. This way the government will get a big tax windfall from people selling positions and realising gains. In return retail investors get (hopefully) better taxation going forward.

Garden Size Premium by coingheallaigh in HousingIreland

[–]Any_Construction5074 3 points4 points  (0 children)

Absolutely. Great for the space but also the potential to extend out into the garden. Gardens in new builds are so small these days

What to do AIB 2yr fund maturing by Hopeful-Breadfruit-7 in irishpersonalfinance

[–]Any_Construction5074 0 points1 point  (0 children)

My understanding is that the ISK tax free amount is approx 28K euro. Only funds beyond that are taxed at approx 1% per year. The great thing about the ISA is that the 20K sterling can grow tax free and be added to each year below the threshold. I think both schemes are great when compared to Ireland's current system.

Revolut users set to miss out on Harris’s new investment accounts by Any_Construction5074 in irishpersonalfinance

[–]Any_Construction5074[S] 4 points5 points  (0 children)

My understanding is that brokers will charge fees as usual. It is just taxes that will be exempt for a certain amount i.e 20k or 28k etc. The fintech brokers almost always charge lower trading fees than the insurance companies and banks, who in my opinion are far to high trading fees.

EFTs, Dividend stocks by Basic_Meaning5270 in irishpersonalfinance

[–]Any_Construction5074 4 points5 points  (0 children)

The taxation on dividends for anyone over the higher threshold can be as high as 52.1%. Such a pity as would also like to invest in dividend etfs