Hi all,
Quick question about mortgage interest calculation for the purposes of offsetting against rental income.
Do I need to prorate a months interest to reflect the fact that the property was rented mid-month or is it a simplified calculation based on the actual payments during the year.
Thanks
LJS
Quick question about mortgage interest calculation for the purposes of offsetting against rental income.
Do I need to prorate a months interest to reflect the fact that the property was rented mid-month or is it a simplified calculation based on the actual payments during the year.
Thanks
LJS