im buying an appartment in Budapest in the next month and i want to release equity on my own house(which is already paid for) to finance this deal I have been told that i cant claim mortgage interest relief on this due to the house not being my principal house that i live in myself but doing my research im led to believe that i can offset this mortgage interest relief against my rental income on this holding would i be right or wrong saying this.
If this is the case do the banks issue me with an interest certificate to do my tax form because if they do it from source it will mean that id be claiming for my own house could someone clarify this for me please my regards seánieboy
If this is the case do the banks issue me with an interest certificate to do my tax form because if they do it from source it will mean that id be claiming for my own house could someone clarify this for me please my regards seánieboy