L
landlordhelp
Guest
Could anybody explain what I need to do in the following case please:
I have an apt that I now need to rent out. I bought it as a first time buyer two and a bit years ago. As far as I am aware I can now officially let it but I assume I will lose interest relief?
Can anyone clear up what I need to do and what are the tax implications of this? Also I need to register etc so does anyone know figures for all of this? Are you left with anything to pay off mortgage after all deductions!?
A bit lost so any advise appreciated!
I have an apt that I now need to rent out. I bought it as a first time buyer two and a bit years ago. As far as I am aware I can now officially let it but I assume I will lose interest relief?
Can anyone clear up what I need to do and what are the tax implications of this? Also I need to register etc so does anyone know figures for all of this? Are you left with anything to pay off mortgage after all deductions!?
A bit lost so any advise appreciated!