TRS Am I a FTB if I rented it out as a landlord

Hey there,

I bought an apt (my only property) and paid stamp etc and rented it out properly. Now if I move in can I claim TRS as a FTB even though I used it as an investment property first.

I havent owned anything else before or since and I paid all correct stamp, taxes etc - only now I can afford to move in.

Thanks so much

Cityliving said:

Now if I move in can I claim TRS as a FTB even though I used it as an investment property first.

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Will you be the sole owner occupier or a live in landlord? In the former case I suspect that you can claim "FTB" owner occupier mortgage interest relief but I would seek further clarification first. In the latter you may need professional advice in order to apportion the mortgage between investment and PPR.