General
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What is section 23 tax relief?
Section 23 Type Relief provides tax relief for the capital expenditure incurred on the construction, refurbishment or conversion of rented residential accommodation.
Section 23 Relief is a tax deductible rental ("Case V") expense or loss. Any rental loss created as a result of this deduction may be set-off against any other Irish rental income of the taxpayer in the current or subsequent periods.
Section 50 relief operates in the same manner as Section 23 relief but it relates to qualifying student accommodation.
