I have posted previously about my tenants giving notice and leaving our property. Due to a possible change in circumstances in my husbands employment in recent weeks, it now may make sense for us to let one or two bedrooms and keep the remaining bedrooms for our own use and to come and go as we please.
The property would not be our PPR so the income would still be taxable. If we for e.g. let 2 bedrooms (out of 4) could we claim 50% of the usual rental expenses against our rental income?
Thanks,
Nutso
The property would not be our PPR so the income would still be taxable. If we for e.g. let 2 bedrooms (out of 4) could we claim 50% of the usual rental expenses against our rental income?
Thanks,
Nutso