ROCHA BRAVA AND THE TAX MAN

see map http://www.carvoeiro.com/images/rochabrava_map.jpg
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carvoeiro1
CVO Senior
CVO Senior
Posts: 296
Joined: Sat Jul 08, 2006 11:03 am

ROCHA BRAVA AND THE TAX MAN

Post by carvoeiro1 »

Seems Rocha Brava declare all there rentals to the tax man, and if the owners do not declare it also they can get in some deep trouble, as a friend has just discovered, from a rental rocha brava did back in 2002, they declared it and he didnt, and now the finances are checking him out along with many other owners.
So Guys watch out!!
happykuschel
CVO Regular
CVO Regular
Posts: 12
Joined: Thu Jul 28, 2005 10:45 am

Re: ROCHA BRAVA AND THE TAX MAN

Post by happykuschel »

carvoeiro1 wrote:Seems Rocha Brava declare all there rentals to the tax man
They really do! RB is obliged, they say. Tax is 25% for non residents. Don't forget deductions (Management maintainance service charges, insurance, invoices, ...)
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