I am about to rent out an investment property for the 1st time
Can you write off the furnishing costs against the income from the rent
I have only estimates and would estimate carpets, curtains, beds, cookers etc to be in the order of 15-20K. Are receipts required for proof or can a list of items be estimated to work up the cost?
Can you write off the furnishing costs against the income from the rent
I have only estimates and would estimate carpets, curtains, beds, cookers etc to be in the order of 15-20K. Are receipts required for proof or can a list of items be estimated to work up the cost?