January 30, 2016

In 2004 we bought a house in Ireland for €300,000; in 2009 we immigrated to Australia.  

 

Since then we have tried to sell the property and have been renting it out when we could. The rent doesn’t cover the cost of the mortgage not to mind the other costs involved...

January 30, 2016

 

 

Once you become a permanent resident you are required by Australian tax law to include your total worldwide income in your tax return and this includes your Irish property.  You may think that the ATO will never find out but in 2014-15 the tax office matched its reco...

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