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[paulamis]

There are more complex games like the distinction between capital and income expenses, service charge is income deductible, but could get sticky if the service charge covers an improvement. Cost before your first let are not income, not sure they are capital either.

If you have a mortgage,...

[paulamis]

Supposing you sold the FH to a speculator, couldn't that drop the value of your flat. And between you selling FH and selling LH, what mischief could they cause, putting in a voracious MA to maximize returns.

On the other hand, if you managed to sell FH to the others quarter each, I can...