Morgage interest relief for investors?

  • Thread starter nuagael@veri
  • Start date
N

nuagael@veri

Guest
Hi does anyone know if a non-resident landlord can claim morgage interest relief or is this just for owner occupiers? Any help on this matter would be appreciated.
 
Re: Morgage Interest Relief

Only owner occupiers. Landlords who are (as required) registered with the PRTB can offset mortgage interest against rental income.
 
Re: Morgage Interest Relief

Thanks am registered with PRTB. What if the rent does not cover the mortgage fully then can the shortfall be offset against the tax?
 
Re: Morgage Interest Relief

No. Such a shortfall is your own responsibility and there is no relief for it.