M Madilla Registered User Messages 303 14 Feb 2007 #1 I have bought a site and borrowed to fund this. I intend to build an investment property and wonder what the situation is with the interest on the loan for the site & to fund the build which I incur pre-letting?
I have bought a site and borrowed to fund this. I intend to build an investment property and wonder what the situation is with the interest on the loan for the site & to fund the build which I incur pre-letting?
A Arch2 Registered User Messages 136 14 Feb 2007 #2 Preletting expenses not deductible against rental. The interest will be a capital cost