Irish Independent: Home Economics: ‘I’m a pensioner and would like to rent out a room in my home. Do I have to report the rent I earn?’

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Eileen Devereux, Commercial Director with Taxback.com says: “As you may be aware, Section 23 relief means that if you incurred a qualifying expenditure, the full cost of expenditure could be set of against your rental income. So, in your case the excess (Case V loss) could be carried forward to cover future rental income profits (Case V income).

https://www.independent.ie/business/personal-finance/property-mortgages/home-economics-im-a-pensioner-and-would-like-to-rent-out-a-room-in-my-home-do-i-have-to-report-the-rent-i-earn-37789215.html