Hi,
I am about to rent out my previous PPR which has a low mortgage (bought 10yrs ago). The new house I've moved to has significantly higher one.
I'm just wondering is there anything I can do to reduce the tax bill before renting it out?
It would be great if I could apportion some of the mortgage from the new house on to my current PPR before I rent it out...Is this possible?
beingeco.
I am about to rent out my previous PPR which has a low mortgage (bought 10yrs ago). The new house I've moved to has significantly higher one.
I'm just wondering is there anything I can do to reduce the tax bill before renting it out?
It would be great if I could apportion some of the mortgage from the new house on to my current PPR before I rent it out...Is this possible?
beingeco.