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interest on BLT mortgage
-
impoverishedone
- Posts:1
- Joined:Sun Apr 01, 2018 11:43 am
Can the interest paid throughout on a BLT mortgage be set against the eventual CGT liability?
-
wamstax
- Posts:2019
- Joined:Wed Aug 06, 2008 3:39 pm
- Location:Operate Nationally but based in Aberdeen
- Contact:
Re: interest on BLT mortgage
Afraid not
regards and hope this helps
http://www.wamstaxltd.com
Operates Nationally with competitive costs
and email and phone contact (mob 07751720507) can be obtained from websites
http://www.wamstaxltd.com
Operates Nationally with competitive costs
and email and phone contact (mob 07751720507) can be obtained from websites
-
wamstax
- Posts:2019
- Joined:Wed Aug 06, 2008 3:39 pm
- Location:Operate Nationally but based in Aberdeen
- Contact:
Re: interest on BLT mortgage
Given that it was a buy to let I have to ask whether you have returned the rents received and if so was the mortgage interest not used to reduce the taxable property income .
regards and hope this helps
http://www.wamstaxltd.com
Operates Nationally with competitive costs
and email and phone contact (mob 07751720507) can be obtained from websites
http://www.wamstaxltd.com
Operates Nationally with competitive costs
and email and phone contact (mob 07751720507) can be obtained from websites
