Joshua P. asked

💰  Tax

I own a property that I rent out and have no mortgage on it. I would like to set up a mortgage of £40,000 for personal use rather than buying another investment property. Is it possible to do this in such a way that I can claim the interest against rent?

October 26th, 2023

Tyler G. answered

It is generally not possible to claim mortgage interest against rental income if the mortgage is tak...

October 26th, 2023

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