P polo1 Registered User Messages 238 27 Sep 2007 #1 Do you only pay tax on the differnce between the interest payments and the mortgage payments on an investment property. For example Mortgage: 1900 Interest element : 1200 Rent : 1500 Benefit 300 - Is this what you pay your tax on? Thanks,
Do you only pay tax on the differnce between the interest payments and the mortgage payments on an investment property. For example Mortgage: 1900 Interest element : 1200 Rent : 1500 Benefit 300 - Is this what you pay your tax on? Thanks,
H Howitzer Registered User Messages 1,458 27 Sep 2007 #2 Yes, assuming you're registered with the PRTB.
A asdfg Registered User Messages 1,639 27 Sep 2007 #3 There are other deductions you can make see [broken link removed] especially "what expenses can be claimed?"
There are other deductions you can make see [broken link removed] especially "what expenses can be claimed?"