This is an issue concerning entitlement to mortgage interest relief.
Earlier this year we purchased a family home in Kildare with the intention of selling our original small mortgage free house in North Dublin.
However the teenage kids are just not happy to operate for the new house Monday to Friday due to the commute & much earlier starts in the morning.
So now to plan B.
If rather than sell we decide to hold on to the original home also , obviously with no rents excetera, will we still be entitled to claim mortgage interest relief on what is our new family home in Kildare?
Also is there any othher tax issues with having both houses without tennants?