A. The RTB maintains a national register of tenancies. All private residential tenancies must be registered and there are penalties for landlords who do not register.
Landlords are required to register details of all of their tenancies within one month of the commencement of those tenancies.
In order that you can claim a deduction for the mortgage interest accrued on any loan associated with the rental property you must, as a landlord, comply in full with the registration requirements of the RTB.
Failure to comply with any of the registration requirements means that any mortgage interest deduction will not be allowed against your rental income leading to an increased income tax bill.
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