Hello All,
This year I will have had my property rented out from Oct - March from a tax perspective, I believe this will mean 6 months worth of income. I have a few questions....
1. When filling out my tax return With things like building insurnace can i just cut my yearly premium in half when offsetting the tax as I'll have only been renting the place for half of the year? or is this silly.
2. If I have to remorgage before March can I ofset the remorgage costs?
Thanks
Brian
This year I will have had my property rented out from Oct - March from a tax perspective, I believe this will mean 6 months worth of income. I have a few questions....
1. When filling out my tax return With things like building insurnace can i just cut my yearly premium in half when offsetting the tax as I'll have only been renting the place for half of the year? or is this silly.
2. If I have to remorgage before March can I ofset the remorgage costs?
Thanks
Brian