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Can I use property losses against future income, says developer?

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Can I use property losses against future income, says developer?

Q. I am a property developer with significant unrealized losses on my residential property land bank. I understand that the use of these losses has been severely restricted and I cannot use them against future income. Is that correct?

Announcing the launch of brand new website halfaloaf.ie

In today’s current climate where “job losses” are regular words in hourly news reports, what happens to those people who are left with the realisation that tomorrow there’s no alarm call, no struggle in the rush hour traffic, and ultimately no pay packet at the end of the month? Once reality hits home how do those who have fallen on the sword of the recession fill the working week?

Welcome to the wonderfully weird world of Deerhoof

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INDIE IS a great place for the experimental pop brain. You can draw from any genre you like, but are not bound by its rules - making indie/alternative the best laboratory in pop and rock.

New business concept to turn unwanted gold into cash

Goldparty.ie, an exciting and clever new concept which helps you turn your unwanted gold jewellery into hard cash, was officially launched last Tuesday by TV3’s Sybil Mulcahy at Dublin’s St Stephen’s Green.

New Midlands company to aid hospitality sector

A new innovative and exciting company has been launched in the Midlands which aims to help cut costs for the hospitality sector.

Revenue visits focus on various business sectors

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Even in the current market climate Revenue officials are continuing to focus on certain business sectors for potential tax issues. At present, we understand that a number of cash businesses in the County Galway area have been visited by Revenue officials and these visits are expected to continue.

Teen forges more than €700 worth of cheques

More than €700 worth of cheques, belonging one unlucky company, were forged by a crafty Ballybane teen who stole the chequebook from a car, the Galway District Court heard last Monday

Great value at Cash Factory

Galway’s newest retail concept has arrived, the Cash Factory is a mecca for bargain hunters. The new and used superstore is now open in Liosban Retail Park beside Golfstyle. The shop provides a buy and sell service for televisions, computers, laptops, playstations, cameras, ipods, stereos, mobile phones, electrical appliances, fireplaces, office equipment, bicycles, and liquidation stock.

Westmeath house prices drop by a quarter

Westmeath house prices have fallen by a quarter since their peak in 2007, according to the latest figures from property website Daft.ie.

 

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