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If a landlord had a tenant since June 2013. Could he elect to backdate a change of a portion of the monthly rent to be payments on account of sale of the property to the tenant, and treat the converted rent to purchase payments, as exchange deposit received? The rational being that throughout the period of the tenancy, both the tenant and landlord had discussed the possibility of a deal, but all payments were to be treated as rent until the sale was agreed between them. A portion of the monthly payment would remain as rent crystallising a rental loss on the adjusted accounts for 2014, 2015 and 2016. If all this is allowable, would he be able to adjust the 2014 rental accounts if he does so before the end of January 2018?
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