N nuagael@veri Guest 9 Feb 2007 #1 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.
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.
C ClubMan Registered User Messages 50,739 9 Feb 2007 #2 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 Only owner occupiers. Landlords who are (as required) registered with the PRTB can offset mortgage interest against rental income.
N nuagael@veri Guest 9 Feb 2007 #3 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 Thanks am registered with PRTB. What if the rent does not cover the mortgage fully then can the shortfall be offset against the tax?
C ClubMan Registered User Messages 50,739 9 Feb 2007 #4 Re: Morgage Interest Relief No. Such a shortfall is your own responsibility and there is no relief for it.
Re: Morgage Interest Relief No. Such a shortfall is your own responsibility and there is no relief for it.