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derekm
Guest
Hi All,
I have a query regarding expenses that can be offset against rental income tax.
Can I offset mortgage interest off the gross income from rent of a property? If so does it matter if the property has been remortgaged before it has been rented out?
Also, does it matter in this case if the property was an owner/ occupier property before it was rented or bought as an investment property?
Hope this is clear. Thanks for your help.
Derek
I have a query regarding expenses that can be offset against rental income tax.
Can I offset mortgage interest off the gross income from rent of a property? If so does it matter if the property has been remortgaged before it has been rented out?
Also, does it matter in this case if the property was an owner/ occupier property before it was rented or bought as an investment property?
Hope this is clear. Thanks for your help.
Derek