A: Unfortunately, the answer is no.
You can offset that loss against profits from other foreign rental properties that you own or carry the loss forward for offset against any future foreign rental profits. You cannot offset a loss from foreign rental properties against Irish rental profits.
If you had a rental profit on your foreign rental property then you may have to pay tax in that country also.
You may be able to deduct some, or all, of the foreign tax you have paid when you are calculating how much Irish tax you owe. The amount that you can reduce your Irish tax by will depend on whether Ireland has a Double Taxation Agreement (DTA) with the country your property is located in.
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